40, SPRING CLOSE, WIRKSWORTH, MATLOCK, DE4 4JA - £278,000

40 SPRING CLOSE is a very small detached house of 70m², built sometime between 2003 and 2006. It was last sold for £278,000 in May 2021, which was around 30% below the average May 2021 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

40 SPRING CLOSE Sold Prices

Land registry data shows four sales for 40 SPRING CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Derbyshire Dales local authority area for the corresponding sale date. All of the four 40 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
2021 14 MAY	£278,000	£398,117	30% below HPI
2015 10 SEP	£228,000	£333,578	32% below HPI
2006 1 SEP	£208,000	£291,611	29% below HPI
2001 25 MAY	£94,995	£149,822	37% below HPI

40 SPRING CLOSE 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 four 40 SPRING CLOSE sales between May 2001 and May 2021 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 September 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 40 SPRING CLOSE?

40 SPRING CLOSE is 70m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of detached houses in Wirksworth, based on EPC data. The below chart shows the distribution of detached houses by size in Wirksworth, and where 40 SPRING CLOSE lies on this distribution: 18% of detached houses are smaller than 40 SPRING CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Wirksworth.

40 SPRING CLOSE: Plot and Title Map

40 SPRING CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 40 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 40 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 40 SPRING CLOSE?

40 SPRING CLOSE is located in WIRKSWORTH, in the DE4 postcode district. The below map shows the position of No. 40 on SPRING CLOSE.