# 2 bedroom semi-detached house for sale (DE4 3FH) ## Property Details | Key | Value | |-----|-------| | Address | 23 NEW STREET, MATLOCK, DERBYSHIRE DE4 3FH | | Price | £195,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | B | | Last sold | £180,000 Nov 2025 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** B - **Expiry date:** 31/07/2035 - **Current heating cost:** £1,119/year - **Est. upgrade cost to C:** £25,750 ### Recommendations - Q (£7,500 - £11,000) - W2 (£5,000 - £10,000) - U (£8,000 - £10,000) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/6902-4005-0002-1108-7606) ## Description Grants of Derbyshire are delighted to offer for sale this charming two bedroom home, ideally situated just a short walk from Matlock town centre and its excellent range of amenities. The ground floor features a well equipped kitchen, a spacious and versatile living/dining area and a contemporary bathroom. To the first floor, the property offers a generous double bedroom, a second single bedroom and a convenient WC. Outside, a low maintenance paved courtyard provides the perfect spot for outdoor dining or relaxing, while a private driveway offers valuable off road parking for up to three vehicles. Viewing highly recommended. Virtual tour available. EPC Rating: D ## Property Photos - ![Outside](/listings/photos/89439861/1995564) - Outside - ![Kitchen](/listings/photos/89439861/1995566) - Kitchen - ![Kitchen](/listings/photos/89439861/1995569) - Kitchen - ![Living/Dining Area](/listings/photos/89439861/1995571) - Living/Dining Area - ![Living/Dining Area](/listings/photos/89439861/1995572) - Living/Dining Area - ![Living/Dining Area](/listings/photos/89439861/1995574) - Living/Dining Area - ![Living/Dining Area](/listings/photos/89439861/1995575) - Living/Dining Area - ![Living/Dining Area](/listings/photos/89439861/1995578) - Living/Dining Area - ![Bathroom](/listings/photos/89439861/1995580) - Bathroom - ![Bedroom One](/listings/photos/89439861/1995581) - Bedroom One - ![Bedroom One](/listings/photos/89439861/1995582) - Bedroom One - ![WC](/listings/photos/89439861/1995583) - WC - ![Bedroom Two](/listings/photos/89439861/1995584) - Bedroom Two - ![Outside](/listings/photos/89439861/1995585) - Outside - ![Outside](/listings/photos/89439861/1995587) - Outside - ![Outside](/listings/photos/89439861/1995589) - Outside ## Floorplans - ![Floorplan 1](/listings/photos/89439861/1995590) - Floorplan 1 - ![Floorplan 2](/listings/photos/89439861/1995592) - Floorplan 2 - ![Floorplan 3](/listings/photos/89439861/1995593) - Floorplan 3 ## FENSA Certificates This property has 1 FENSA certificate(s) on record. ### FENSA Certificate #2057016 - **Address:** 23 New Street, MATLOCK, DE4 3FH - **Certificate Issued:** 21/09/2004 - **Work Completed:** 14/03/2003 - **Items:** 2 window(s), 1 door(s) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 23 NEW STREET, MATLOCK, DERBYSHIRE DALES, DERBYSHIRE, DE4 3FH | £180,000 | 28/11/2025 | Terraced | | 23 NEW STREET, MATLOCK, DERBYSHIRE DALES, DERBYSHIRE, DE4 3FH | £134,000 | 18/12/2009 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 41 BANK ROAD, MATLOCK, DERBYSHIRE DALES, DERBYSHIRE, DE4 3GL | £305,000 | 22/12/2025 | Semi-detached | | 6 LIME GROVE WALK, MATLOCK, DERBYSHIRE DALES, DERBYSHIRE, DE4 3FD | £255,000 | 08/09/2023 | Semi-detached | | 15 OAK ROAD, MATLOCK, DERBYSHIRE DALES, DERBYSHIRE, DE4 3FJ | £265,000 | 20/12/2022 | Semi-detached | | 15 HENRY AVENUE, MATLOCK, DERBYSHIRE DALES, DERBYSHIRE, DE4 3FL | £420,000 | 25/11/2022 | Semi-detached | | 6 LILYBANK CLOSE, MATLOCK, DERBYSHIRE DALES, DERBYSHIRE, DE4 3EH | £380,250 | 04/11/2022 | Semi-detached | | 66 SMEDLEY STREET EAST, MATLOCK, DERBYSHIRE DALES, DERBYSHIRE, DE4 3FQ | £220,000 | 12/08/2022 | Semi-detached | | 8 SMEDLEY STREET EAST, MATLOCK, DERBYSHIRE DALES, DERBYSHIRE, DE4 3FQ | £176,450 | 18/03/2022 | Semi-detached | | LILYBANK COURT ISKRA HENRY AVENUE, MATLOCK, DERBYSHIRE DALES, DERBYSHIRE, DE4 3FL | £665,000 | 28/01/2022 | Semi-detached | | [Same street] THE OLD SUNDAY SCHOOL EAST WING NEW STREET, MATLOCK, DERBYSHIRE DALES, DERBYSHIRE, DE4 3FH | £305,000 | 13/12/2021 | Other | | 16 LIME GROVE AVENUE, MATLOCK, DERBYSHIRE DALES, DERBYSHIRE, DE4 3FG | £180,000 | 03/09/2021 | Semi-detached | | 11 LIME GROVE WALK, MATLOCK, DERBYSHIRE DALES, DERBYSHIRE, DE4 3FD | £470,000 | 31/08/2021 | Semi-detached | **Street average:** £305,000 (1 sale) **Area average:** £333,670 (10 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £267,711 (35 Semi-detached, DE4, 2024–2026) - **Deviation:** -27.2% ## Rental Range *ONS Price Index of Private Rents (Derbyshire Dales). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £729/mo - **Realistic:** £810/mo - **Optimistic:** £891/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Peaks & Dales (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £593/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Terraced House, Victoria Hall Gardens, DE4 | £850/mo | 2 | 0.18 miles | OpenRent | | 2 Bed Flat, Dale Rd, DE4 | £1,289/mo | 2 | 0.35 miles | OpenRent | | 2 Bed Terraced House, Matlock, DE4 | £900/mo | 2 | 0.42 miles | OpenRent | **Average rent: £1,013/mo (3 listings)** ## 1% Rule - **Rent ratio:** 0.46% (weak for cashflow) - **Max investor price (0.8%):** £112,500 - **Target investor price (1%):** £90,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £900/mo).* - **Gross yield:** 5.5% - **Cost-to-rent:** 18.1× - **Monthly cashflow:** £17/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 0.4% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £3,197/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 18.7% - **10y growth:** 48% ## House Price Index (HM Land Registry) *Official index for Derbyshire Dales; Semi-detached series; as of May 2026.* - **1y growth (index):** 7.4% - **5y growth (index):** 22% - **10y growth (index):** 50.8% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)