22, WAINGROVES ROAD, WAINGROVES, RIPLEY, DE5 9TB - £120,000

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

22 WAINGROVES ROAD is a small detached house of 83m², built sometime between 1950 and 1966. It was last sold for £120,000 in May 2023, which was around 63% below the average May 2023 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 two sales for 22 WAINGROVES ROAD 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 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
2023 25 MAY	£120,000	£320,683	63% below HPI
1999 26 MAR	£45,000	£69,259	35% 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 two 22 WAINGROVES ROAD sales from March 1999 and May 2023 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 March 1999 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2023 sale, where it falls to 63% below the HPI. The line then continues to track at 63% below the HPI.

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 in Ripley, based on EPC data. The below chart shows the distribution of detached houses by size in Ripley, and where 22 WAINGROVES ROAD lies on this distribution: 27% of detached houses are smaller than 22 WAINGROVES ROAD, and 71% 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.