118, DERBY ROAD, RIPLEY, DE5 3HT - £190,000

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

118 DERBY ROAD is a midsized extended detached house of 93m², built sometime between 1900 and 1929. It was last sold for £190,000 in May 2021, which was around 33% below the average May 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

118 DERBY ROAD Sold Prices

Land registry data shows three sales for 118 DERBY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 118 DERBY ROAD 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
2021 7 MAY	£190,000	£282,712	33% below HPI
2005 14 OCT	£145,000	£181,022	20% below HPI
1998 22 OCT	£48,000	£70,593	32% below HPI

118 DERBY ROAD 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 three 118 DERBY ROAD sales between October 1998 and May 2021 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 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 118 DERBY ROAD?

118 DERBY ROAD is 93m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 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 118 DERBY ROAD lies on this distribution: 42% of detached houses are smaller than 118 DERBY ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Ripley.

118 DERBY ROAD: Plot and Title Map

118 DERBY ROAD sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 118 DERBY ROAD, 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 118 DERBY ROAD). 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 118 DERBY ROAD?

118 DERBY ROAD is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 118 on DERBY ROAD.