129, WARMWELLS LANE, MAREHAY, RIPLEY, DE5 8JE - £240,000

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

129 WARMWELLS LANE is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £240,000 in November 2020, which was around 12% below the average November 2020 detached price in the Amber Valley local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

129 WARMWELLS LANE Sold Prices

Land registry data shows two sales for 129 WARMWELLS LANE 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 129 WARMWELLS 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
2020 27 NOV	£240,000	£272,362	12% below HPI
2018 13 MAR	£160,000	£239,918	33% below HPI

129 WARMWELLS 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 two 129 WARMWELLS LANE sales from March 2018 and November 2020 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 March 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2020 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 129 WARMWELLS LANE?

129 WARMWELLS LANE is 74m² according to the EPC inspection conducted in March 2017. 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 129 WARMWELLS LANE lies on this distribution: 18% of detached houses are smaller than 129 WARMWELLS LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Ripley.

129 WARMWELLS LANE: Plot and Title Map

129 WARMWELLS LANE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 129 WARMWELLS 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 129 WARMWELLS 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 129 WARMWELLS LANE?

129 WARMWELLS LANE is located in MAREHAY, in the DE5 postcode district. The below map shows the position of No. 129 on WARMWELLS LANE.