2, BALLACRAINE DRIVE, RIPLEY, DE5 3JZ - £280,000

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

2 BALLACRAINE DRIVE is a very large extended detached house of 136m², built sometime between 1967 and 1975. It was last sold for £280,000 in June 2022, which was around 8% below the average June 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

2 BALLACRAINE DRIVE Sold Prices

Land registry data shows four sales for 2 BALLACRAINE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Most of the four 2 BALLACRAINE 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
2022 7 JUN	£280,000	£303,689	8% below HPI
2018 30 MAY	£330,000	£243,023	36% above HPI
1998 23 DEC	£48,000	£70,708	32% below HPI
1996 13 MAR	£35,000	£60,270	42% below HPI

2 BALLACRAINE 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 four 2 BALLACRAINE DRIVE sales between March 1996 and June 2022 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 2018 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the June 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 BALLACRAINE DRIVE?

2 BALLACRAINE DRIVE is 136m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 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 2 BALLACRAINE DRIVE lies on this distribution: 85% of detached houses are smaller than 2 BALLACRAINE DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Ripley.

2 BALLACRAINE DRIVE: Plot and Title Map

2 BALLACRAINE DRIVE sits on a plot of roughly 0.168 of an acre, or 680m². The below map shows the location of 2 BALLACRAINE 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 2 BALLACRAINE 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 2 BALLACRAINE DRIVE?

2 BALLACRAINE DRIVE is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 2 on BALLACRAINE DRIVE.