1, THE WOODRIDGE, MILFORD, BELPER, DE56 0QA - £770,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 THE WOODRIDGE is a very large extended detached house of 184m², built sometime between 1996 and 2002. It was last sold for £770,000 in September 2023, which was around 146% above the average September 2023 detached price in the Amber Valley local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was C.

1 THE WOODRIDGE Sold Prices

Land registry data shows four sales for 1 THE WOODRIDGE 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 1 THE WOODRIDGE 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
2023 25 SEP	£770,000	£312,896	146% above HPI
2011 22 JUL	£475,000	£182,831	160% above HPI
2000 9 NOV	£300,000	£86,259	248% above HPI
1998 24 JUN	£197,000	£67,177	193% above HPI

1 THE WOODRIDGE 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 1 THE WOODRIDGE sales between June 1998 and September 2023 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 July 2011 sale was for 160% above the HPI. So the extrapolation line tracks at 160% above the HPI over time, until the September 2023 sale, where it falls to 146% above the HPI. The line then continues to track at 146% above the HPI.

How Large is 1 THE WOODRIDGE?

1 THE WOODRIDGE is 184m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses in Milford, based on EPC data. The below chart shows the distribution of detached houses by size in Milford, and where 1 THE WOODRIDGE lies on this distribution: 84% of detached houses are smaller than 1 THE WOODRIDGE, and 16% of houses are larger. Note that EPC data is not available for all properties in Milford.

1 THE WOODRIDGE: Plot and Title Map

1 THE WOODRIDGE sits on a plot of roughly 0.557 of an acre, or 2,256m². The below map shows the location of 1 THE WOODRIDGE, 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 1 THE WOODRIDGE). 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 1 THE WOODRIDGE?

1 THE WOODRIDGE is located in MILFORD, in the DE56 postcode district. The below map shows the position of No. 1 on THE WOODRIDGE.