RIDGE HOUSE, DERBY ROAD, CROMFORD, MATLOCK, DE4 3RP - £399,000

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.

RIDGE HOUSE is a very large detached house of 149m², built sometime before 1900, which could now be worth an estimated £644,438. It was last sold for £399,000 in June 2010, which was around 34% above the average June 2010 detached price in the Derbyshire Dales local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was D.

RIDGE HOUSE Sold Prices

Land registry data shows two sales for RIDGE HOUSE 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. One of the two RIDGE HOUSE sales was for above the average price, whilst the other was 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
2010 4 JUN	£399,000	£296,739	34% above HPI
2008 9 JAN	£275,000	£285,910	4% below HPI

RIDGE HOUSE 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 RIDGE HOUSE sales from January 2008 and June 2010 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 January 2008 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2010 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might RIDGE HOUSE be worth now?

RIDGE HOUSE might now be worth an estimated £644,438.

This is based on house price inflation of 61.5%, between June 2010 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 61.5% inflationary increase is applied to the most recent sale price for RIDGE HOUSE of £399,000 on 4th June 2010. For the value to have increased from £399,000 to £644,438 over the fifteen years and four months to February 2025, the following assumptions must hold true:

• The value of RIDGE HOUSE has moved in line with the HPI for detached houses in the Derbyshire Dales local authority area.
• The June 2010 sale price of £399,000 represented a fair market value for the property.
• The size, condition, and specification of RIDGE HOUSE has not materially changed since June 2010.

How Large is RIDGE HOUSE?

RIDGE HOUSE is 149m² according to the EPC inspection conducted in March 2010. 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 RIDGE HOUSE lies on this distribution: 86% of detached houses houses are smaller than RIDGE HOUSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Cromford.

RIDGE HOUSE: Plot and Title Map

RIDGE HOUSE sits on a plot of roughly 0.192 of an acre, or 777m². The below map shows the location of RIDGE HOUSE, 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 RIDGE HOUSE). 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 RIDGE HOUSE?

RIDGE HOUSE is located on DERBY ROAD in CROMFORD, in the DE4 postcode district. The below map shows the position of RIDGE HOUSE on DERBY ROAD.