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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 QUEEN STREET is a small extended detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £264,346. It was last sold for £240,000 in May 2024, which was around 22% 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	£308,579	22% below HPI
2004 13 MAY	£173,500	£165,193	5% 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 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2024 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 QUEEN STREET be worth now?

2 QUEEN STREET might now be worth an estimated £264,346.

This is based on house price inflation of 10.1%, between May 2024 and February 2025, for 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 10.1% inflationary increase is applied to the most recent sale price for 2 QUEEN STREET of £240,000 on 1st May 2024. For the value to have increased from £240,000 to £264,346 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 2 QUEEN STREET has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The May 2024 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 2 QUEEN STREET has not materially changed since May 2024.

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 30% of detached houses houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ripley, and where 2 QUEEN STREET lies on this distribution: 30% of detached houses houses are smaller than 2 QUEEN STREET, and 69% 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.