2, SPRINGFIELD VIEW, RIPLEY, DE5 3UN - £255,000

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 SPRINGFIELD VIEW is a large extended detached house of 111m², built sometime between 1983 and 1990. It was last sold for £255,000 in December 2022, which was around 22% below the average December 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

2 SPRINGFIELD VIEW Sold Prices

Land registry data shows two sales for 2 SPRINGFIELD VIEW 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. Both of the two 2 SPRINGFIELD VIEW 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 16 DEC	£255,000	£327,054	22% below HPI
2013 5 JUL	£147,000	£185,858	21% below HPI

2 SPRINGFIELD VIEW 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 SPRINGFIELD VIEW sales from July 2013 and December 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 July 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 SPRINGFIELD VIEW?

2 SPRINGFIELD VIEW is 111m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 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 SPRINGFIELD VIEW lies on this distribution: 63% of detached houses are smaller than 2 SPRINGFIELD VIEW, and 36% of houses are larger. Note that EPC data is not available for all properties in Ripley.

2 SPRINGFIELD VIEW: Plot and Title Map

2 SPRINGFIELD VIEW sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 2 SPRINGFIELD VIEW, 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 SPRINGFIELD VIEW). 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 SPRINGFIELD VIEW?

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