2, MORLEY CLOSE, DRONFIELD WOODHOUSE, DRONFIELD, S18 8YQ - £395,000

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.

2 MORLEY CLOSE is a very large detached house of 146m², built sometime between 1967 and 1975, which could now be worth an estimated £620,358. It was last sold for £395,000 in December 2011, which was around 101% above the average December 2011 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

2 MORLEY CLOSE Sold Prices

Land registry data shows three sales for 2 MORLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North East Derbyshire local authority area for the corresponding sale date. All of the three 2 MORLEY CLOSE sales were for above 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
2011 16 DEC	£395,000	£196,629	101% above HPI
1999 5 AUG	£149,750	£80,860	85% above HPI
1996 10 JUL	£125,000	£65,645	90% above HPI

2 MORLEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Derbyshire local authority area over time, sourced from the HPI. The three 2 MORLEY CLOSE sales between July 1996 and December 2011 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 August 1999 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the December 2011 sale, where it rises to 101% above the HPI. The line then continues to track at 101% above the HPI.

What might 2 MORLEY CLOSE be worth now?

2 MORLEY CLOSE might now be worth an estimated £620,358.

This is based on house price inflation of 57.1%, between December 2011 and June 2025, for detached houses, in the North East Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.1% inflationary increase is applied to the most recent sale price for 2 MORLEY CLOSE of £395,000 on 16th December 2011. For the value to have increased from £395,000 to £620,358 over the fourteen years and six months to June 2025, the following assumptions must hold true:

• The value of 2 MORLEY CLOSE has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The December 2011 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MORLEY CLOSE has not materially changed since December 2011.

How Large is 2 MORLEY CLOSE?

2 MORLEY CLOSE is 146m² according to the EPC inspection conducted in August 2011. This puts it in the largest 20% of detached houses houses in Dronfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dronfield, and where 2 MORLEY CLOSE lies on this distribution: 85% of detached houses houses are smaller than 2 MORLEY CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Dronfield.

2 MORLEY CLOSE: Plot and Title Map

2 MORLEY CLOSE sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of 2 MORLEY 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 2 MORLEY 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 2 MORLEY CLOSE?

2 MORLEY CLOSE is located in DRONFIELD WOODHOUSE, in the S18 postcode district. The below map shows the position of No. 2 on MORLEY CLOSE.