10, THE SPINNEY, RIPLEY, DE5 3HW - £257,000

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

10 THE SPINNEY is a very small detached house of 72m², built sometime between 1976 and 1982. It was last sold for £257,000 in September 2022, which was around 19% below the average September 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

10 THE SPINNEY Sold Prices

Land registry data shows four sales for 10 THE SPINNEY 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 10 THE SPINNEY 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
2022 2 SEP	£257,000	£318,787	19% below HPI
2015 25 NOV	£161,500	£218,487	26% below HPI
2006 12 JAN	£158,000	£183,303	14% below HPI
1996 19 JUL	£47,000	£63,920	26% below HPI

10 THE SPINNEY 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 10 THE SPINNEY sales between July 1996 and September 2022 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 November 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 10 THE SPINNEY?

10 THE SPINNEY is 72m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of detached houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses by size in Ripley, and where 10 THE SPINNEY lies on this distribution: 16% of detached houses are smaller than 10 THE SPINNEY, and 84% of houses are larger. Note that EPC data is not available for all properties in Ripley.

10 THE SPINNEY: Plot and Title Map

10 THE SPINNEY sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 10 THE SPINNEY, 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 10 THE SPINNEY). 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 10 THE SPINNEY?

10 THE SPINNEY is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 10 on THE SPINNEY.