18, SLACK LANE, RIPLEY, DE5 3HF - £165,000

18 SLACK LANE is a midsized detached house of 106m², built sometime between 1983 and 1990. It was last sold for £165,000 in January 2013, which was around 13% below the average January 2013 detached price in the Amber Valley local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

18 SLACK LANE Sold Prices

Land registry data shows four sales for 18 SLACK LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the four 18 SLACK LANE 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
2013 29 JAN	£165,000	£188,650	13% below HPI
2009 19 OCT	£170,000	£185,453	8% below HPI
2007 19 OCT	£196,500	£213,411	8% below HPI
2006 7 JUL	£180,500	£191,389	6% below HPI

18 SLACK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The four 18 SLACK LANE sales between July 2006 and January 2013 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 October 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2013 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 18 SLACK LANE?

18 SLACK LANE is 106m² according to the EPC inspection conducted in September 2011. This puts it in the largest 50% of detached houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses by size in Ripley, and where 18 SLACK LANE lies on this distribution: 58% of detached houses are smaller than 18 SLACK LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Ripley.

18 SLACK LANE: Plot and Title Map

18 SLACK LANE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 18 SLACK LANE, 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 18 SLACK LANE). 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 18 SLACK LANE?

18 SLACK LANE is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 18 on SLACK LANE.