34, RIDGEWOOD DRIVE, CROMFORD, MATLOCK, DE4 3RJ - £545,000

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.

34 RIDGEWOOD DRIVE is a very large extended detached house of 150m², built sometime between 1950 and 1966, which could now be worth an estimated £569,136. It was last sold for £545,000 in September 2022, which was around 19% above the average September 2022 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

34 RIDGEWOOD DRIVE Sold Prices

Land registry data shows two sales for 34 RIDGEWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Derbyshire Dales local authority area for the corresponding sale date. Both of the two 34 RIDGEWOOD DRIVE 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
2022 16 SEP	£545,000	£458,948	19% above HPI
2001 28 NOV	£184,000	£152,158	21% above HPI

34 RIDGEWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Derbyshire Dales local authority area over time, sourced from the HPI. The two 34 RIDGEWOOD DRIVE sales from November 2001 and September 2022 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 November 2001 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the September 2022 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 34 RIDGEWOOD DRIVE be worth now?

34 RIDGEWOOD DRIVE might now be worth an estimated £569,136.

This is based on house price inflation of 4.4%, between September 2022 and February 2025, for detached 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 4.4% inflationary increase is applied to the most recent sale price for 34 RIDGEWOOD DRIVE of £545,000 on 16th September 2022. For the value to have increased from £545,000 to £569,136 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 34 RIDGEWOOD DRIVE has moved in line with the HPI for detached houses in the Derbyshire Dales local authority area.
• The September 2022 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of 34 RIDGEWOOD DRIVE has not materially changed since September 2022.

How Large is 34 RIDGEWOOD DRIVE?

34 RIDGEWOOD DRIVE is 150m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 20% of detached houses houses in Cromford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cromford, and where 34 RIDGEWOOD DRIVE lies on this distribution: 87% of detached houses houses are smaller than 34 RIDGEWOOD DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Cromford.

34 RIDGEWOOD DRIVE: Plot and Title Map

34 RIDGEWOOD DRIVE sits on a plot of roughly 0.218 of an acre, or 883m². The below map shows the location of 34 RIDGEWOOD DRIVE, 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 34 RIDGEWOOD DRIVE). 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 34 RIDGEWOOD DRIVE?

34 RIDGEWOOD DRIVE is located in CROMFORD, in the DE4 postcode district. The below map shows the position of No. 34 on RIDGEWOOD DRIVE.