2, QUEEN STREET, WAINGROVES, RIPLEY, DE5 9TJ - £240,000

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

2 QUEEN STREET is a small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £240,000 in May 2024, which was around 27% below the average May 2024 detached price in the Amber Valley local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

2 QUEEN STREET Sold Prices

Land registry data shows two sales for 2 QUEEN STREET 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. One of the two 2 QUEEN STREET sales was for below the average price, whilst the other was for above 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
2024 1 MAY	£240,000	£328,873	27% below HPI
2004 13 MAY	£173,500	£168,120	3% above HPI

2 QUEEN STREET 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 2 QUEEN STREET sales from May 2004 and May 2024 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 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2024 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 QUEEN STREET?

2 QUEEN STREET is 85m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 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 2 QUEEN STREET lies on this distribution: 30% of detached houses are smaller than 2 QUEEN STREET, and 68% of houses are larger. Note that EPC data is not available for all properties in Ripley.

2 QUEEN STREET: Plot and Title Map

2 QUEEN STREET sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 2 QUEEN 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 2 QUEEN 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 2 QUEEN STREET?

2 QUEEN STREET is located in WAINGROVES, in the DE5 postcode district. The below map shows the position of No. 2 on QUEEN STREET.