21, MILL LANE, CODNOR, RIPLEY, DE5 9QF - £100,000

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.

21 MILL LANE is a very small semi-detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £170,321. It was last sold for £100,000 in December 2014, which was around 22% below the average December 2014 semi-detached price in the Amber Valley local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

21 MILL LANE Sold Prices

Land registry data shows two sales for 21 MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Amber Valley local authority area for the corresponding sale date. One of the two 21 MILL LANE 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
2014 12 DEC	£100,000	£127,993	22% below HPI
2007 31 MAY	£130,000	£129,351	1% above HPI

21 MILL LANE 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 two 21 MILL LANE sales from May 2007 and December 2014 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 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2014 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 21 MILL LANE be worth now?

21 MILL LANE might now be worth an estimated £170,321.

This is based on house price inflation of 70.3%, between December 2014 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 70.3% inflationary increase is applied to the most recent sale price for 21 MILL LANE of £100,000 on 12th December 2014. For the value to have increased from £100,000 to £170,321 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 21 MILL LANE has moved in line with the HPI for semi-detached houses in the Amber Valley local authority area.
• The December 2014 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 21 MILL LANE has not materially changed since December 2014.

How Large is 21 MILL LANE?

21 MILL LANE is 70m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% 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 21 MILL LANE lies on this distribution: 13% of semi-detached houses houses are smaller than 21 MILL LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Ripley.

21 MILL LANE: Plot and Title Map

21 MILL LANE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 21 MILL LANE, 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 21 MILL LANE). 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 21 MILL LANE?

21 MILL LANE is located in CODNOR, in the DE5 postcode district. The below map shows the position of No. 21 on MILL LANE.