18, NEEDHAM STREET, CODNOR, RIPLEY, DE5 9RR - £170,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 NEEDHAM STREET is a very small extended semi-detached house of 65m², built sometime before 1900, which could now be worth an estimated £182,857. It was last sold for £170,000 in October 2023, which was around 16% below the average October 2023 semi-detached price in the Amber Valley local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

18 NEEDHAM STREET Sold Prices

Land registry data shows three sales for 18 NEEDHAM STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 18 NEEDHAM STREET 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
2023 20 OCT	£170,000	£202,671	16% below HPI
2005 3 MAY	£87,950	£117,378	25% below HPI
1995 31 JUL	£30,000	£38,006	21% below HPI

18 NEEDHAM STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 18 NEEDHAM STREET sales between July 1995 and October 2023 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 May 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2023 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 18 NEEDHAM STREET be worth now?

18 NEEDHAM STREET might now be worth an estimated £182,857.

This is based on house price inflation of 7.6%, between October 2023 and February 2025, for semi-detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.6% inflationary increase is applied to the most recent sale price for 18 NEEDHAM STREET of £170,000 on 20th October 2023. For the value to have increased from £170,000 to £182,857 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 18 NEEDHAM STREET has moved in line with the HPI for semi-detached houses in the Amber Valley local authority area.
• The October 2023 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 18 NEEDHAM STREET has not materially changed since October 2023.

How Large is 18 NEEDHAM STREET?

18 NEEDHAM STREET is 65m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of semi-detached houses houses in Ripley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ripley, and where 18 NEEDHAM STREET lies on this distribution: 8% of semi-detached houses houses are smaller than 18 NEEDHAM STREET, and 91% of houses are larger. Note that EPC data is not available for all properties in Ripley.

18 NEEDHAM STREET: Plot and Title Map

18 NEEDHAM STREET sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 18 NEEDHAM STREET, 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 18 NEEDHAM STREET). 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 18 NEEDHAM STREET?

18 NEEDHAM STREET is located in CODNOR, in the DE5 postcode district. The below map shows the position of No. 18 on NEEDHAM STREET.