12, SPRINGHILL WAY, CODNOR, RIPLEY, DE5 9PN - £219,950

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

12 SPRINGHILL WAY is a large detached house of 108m², built sometime between 1976 and 1982. It was last sold for £219,950 in August 2018, which was around 12% below the average August 2018 detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

12 SPRINGHILL WAY Sold Prices

Land registry data shows two sales for 12 SPRINGHILL WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 12 SPRINGHILL WAY 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
2018 10 AUG	£219,950	£248,563	12% below HPI
2013 23 AUG	£158,000	£192,066	18% below HPI

12 SPRINGHILL WAY 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 two 12 SPRINGHILL WAY sales from August 2013 and August 2018 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 August 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 12 SPRINGHILL WAY?

12 SPRINGHILL WAY is 108m² according to the EPC inspection conducted in May 2018. This puts it in the largest 40% of detached houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses by size in Ripley, and where 12 SPRINGHILL WAY lies on this distribution: 60% of detached houses are smaller than 12 SPRINGHILL WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Ripley.

12 SPRINGHILL WAY: Plot and Title Map

12 SPRINGHILL WAY sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 12 SPRINGHILL WAY, 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 12 SPRINGHILL WAY). 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 12 SPRINGHILL WAY?

12 SPRINGHILL WAY is located in CODNOR, in the DE5 postcode district. The below map shows the position of No. 12 on SPRINGHILL WAY.