12, SPRING CLOSE, WIRKSWORTH, MATLOCK, DE4 4JA - £164,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 SPRING CLOSE is a very small terraced house of 62m², built sometime between 1991 and 1995, which could now be worth an estimated £210,302. It was last sold for £164,000 in October 2018, which was around 18% below the average October 2018 terraced price in the Derbyshire Dales local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

12 SPRING CLOSE Sold Prices

Land registry data shows five sales for 12 SPRING CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Derbyshire Dales local authority area for the corresponding sale date. All of the five 12 SPRING CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 8 OCT	£164,000	£200,389	18% below HPI
2011 7 DEC	£120,000	£158,583	24% below HPI
2007 12 JUL	£154,000	£173,179	11% below HPI
2005 10 NOV	£150,000	£156,685	4% below HPI
2000 26 APR	£58,500	£59,580	2% below HPI

12 SPRING CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Derbyshire Dales local authority area over time, sourced from the HPI. The five 12 SPRING CLOSE sales between April 2000 and October 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2011 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2018 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 12 SPRING CLOSE be worth now?

12 SPRING CLOSE might now be worth an estimated £210,302.

This is based on house price inflation of 28.2%, between October 2018 and June 2025, for terraced houses, in the Derbyshire Dales local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.2% inflationary increase is applied to the most recent sale price for 12 SPRING CLOSE of £164,000 on 8th October 2018. For the value to have increased from £164,000 to £210,302 over the seven years and four months to June 2025, the following assumptions must hold true:

• The value of 12 SPRING CLOSE has moved in line with the HPI for terraced houses in the Derbyshire Dales local authority area.
• The October 2018 sale price of £164,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SPRING CLOSE has not materially changed since October 2018.

How Large is 12 SPRING CLOSE?

12 SPRING CLOSE is 62m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of terraced houses houses in Wirksworth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wirksworth, and where 12 SPRING CLOSE lies on this distribution: 10% of terraced houses houses are smaller than 12 SPRING CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Wirksworth.

12 SPRING CLOSE: Plot and Title Map

12 SPRING CLOSE sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 12 SPRING CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 12 SPRING CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 12 SPRING CLOSE?

12 SPRING CLOSE is located in WIRKSWORTH, in the DE4 postcode district. The below map shows the position of No. 12 on SPRING CLOSE.