16, PEVERIL DRIVE, RIDDINGS, ALFRETON, DE55 4AP - £155,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 PEVERIL DRIVE is a small extended detached house of 72m², built sometime between 1967 and 1975. It was last sold for £155,000 in June 2016, which was around 29% below the average June 2016 detached price in the Amber Valley local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

16 PEVERIL DRIVE Sold Prices

Land registry data shows three sales for 16 PEVERIL DRIVE 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 16 PEVERIL DRIVE 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
2016 24 JUN	£155,000	£219,495	29% below HPI
2006 21 AUG	£169,000	£193,739	13% below HPI
1997 2 MAY	£56,500	£65,876	14% below HPI

16 PEVERIL DRIVE 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 16 PEVERIL DRIVE sales between May 1997 and June 2016 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 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 16 PEVERIL DRIVE?

16 PEVERIL DRIVE is 72m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of detached houses in Riddings, based on EPC data. The below chart shows the distribution of detached houses by size in Riddings, and where 16 PEVERIL DRIVE lies on this distribution: 28% of detached houses are smaller than 16 PEVERIL DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Riddings.

16 PEVERIL DRIVE: Plot and Title Map

16 PEVERIL DRIVE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 16 PEVERIL DRIVE, 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 16 PEVERIL DRIVE). 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 16 PEVERIL DRIVE?

16 PEVERIL DRIVE is located in RIDDINGS, in the DE55 postcode district. The below map shows the position of No. 16 on PEVERIL DRIVE.