2, SPRING CLOSE, WIRKSWORTH, MATLOCK, DE4 4JA - £177,500

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 SPRING CLOSE is a very small terraced house of 60m², built sometime between 1991 and 1995, which could now be worth an estimated £234,347. It was last sold for £177,500 in August 2019, which was around 9% below the average August 2019 terraced price in the Derbyshire Dales local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

2 SPRING CLOSE Sold Prices

Land registry data shows three sales for 2 SPRING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Derbyshire Dales local authority area for the corresponding sale date. All of the three 2 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
2019 16 AUG	£177,500	£194,631	9% below HPI
2014 28 MAR	£138,000	£165,765	17% below HPI
2000 2 JUN	£59,995	£66,773	10% below HPI

2 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 three 2 SPRING CLOSE sales between June 2000 and August 2019 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 March 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2019 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 SPRING CLOSE be worth now?

2 SPRING CLOSE might now be worth an estimated £234,347.

This is based on house price inflation of 32%, between August 2019 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 32% inflationary increase is applied to the most recent sale price for 2 SPRING CLOSE of £177,500 on 16th August 2019. For the value to have increased from £177,500 to £234,347 over the six years and two months to June 2025, the following assumptions must hold true:

• The value of 2 SPRING CLOSE has moved in line with the HPI for terraced houses in the Derbyshire Dales local authority area.
• The August 2019 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SPRING CLOSE has not materially changed since August 2019.

How Large is 2 SPRING CLOSE?

2 SPRING CLOSE is 60m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% 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 2 SPRING CLOSE lies on this distribution: 9% of terraced houses houses are smaller than 2 SPRING CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Wirksworth.

2 SPRING CLOSE: Plot and Title Map

2 SPRING CLOSE sits on a plot of roughly 0.021 of an acre, or 84m². The below map shows the location of 2 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 2 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 2 SPRING CLOSE?

2 SPRING CLOSE is located in WIRKSWORTH, in the DE4 postcode district. The below map shows the position of No. 2 on SPRING CLOSE.