22, WAINGROVES ROAD, WAINGROVES, RIPLEY, DE5 9TB - £225,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

22 WAINGROVES ROAD is a small detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £244,795. It was last sold for £225,000 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 January 2024, where the current energy rating was D, and the potential energy rating was B.

22 WAINGROVES ROAD Sold Prices

Land registry data shows three sales for 22 WAINGROVES ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 22 WAINGROVES ROAD 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
2024 28 MAY	£225,000	£309,538	27% below HPI
2023 25 MAY	£120,000	£315,099	62% below HPI
1999 26 MAR	£45,000	£68,053	34% below HPI

22 WAINGROVES ROAD 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 three 22 WAINGROVES ROAD sales between March 1999 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 2023 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the May 2024 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 22 WAINGROVES ROAD be worth now?

22 WAINGROVES ROAD might now be worth an estimated £244,795.

This is based on house price inflation of 8.8%, between May 2024 and December 2024, 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 8.8% inflationary increase is applied to the most recent sale price for 22 WAINGROVES ROAD of £225,000 on 28th May 2024. For the value to have increased from £225,000 to £244,795 over the five months to December 2024, the following assumptions must hold true:

• The value of 22 WAINGROVES ROAD has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The May 2024 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 22 WAINGROVES ROAD has not materially changed since May 2024.

How Large is 22 WAINGROVES ROAD?

22 WAINGROVES ROAD is 83m² according to the EPC inspection conducted in January 2024. 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 22 WAINGROVES ROAD lies on this distribution: 26% of detached houses houses are smaller than 22 WAINGROVES ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Ripley.

22 WAINGROVES ROAD: Plot and Title Map

22 WAINGROVES ROAD sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 22 WAINGROVES ROAD, 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 22 WAINGROVES ROAD). 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 22 WAINGROVES ROAD?

22 WAINGROVES ROAD is located in WAINGROVES, in the DE5 postcode district. The below map shows the position of No. 22 on WAINGROVES ROAD.