23, BROOK LANE, RIPLEY, DE5 8JA - £236,000

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.

23 BROOK LANE is a midsized extended detached house of 102m², built sometime before 1900, which could now be worth an estimated £266,116. It was last sold for £236,000 in February 2022, which was around 22% below the average February 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was B.

23 BROOK LANE Sold Prices

Land registry data shows three sales for 23 BROOK LANE 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 23 BROOK LANE 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 8 FEB	£236,000	£301,418	22% below HPI
2008 22 FEB	£148,500	£197,193	25% below HPI
1995 28 APR	£48,000	£61,013	21% below HPI

23 BROOK LANE 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 23 BROOK LANE sales between April 1995 and February 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 February 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 23 BROOK LANE be worth now?

23 BROOK LANE might now be worth an estimated £266,116.

This is based on house price inflation of 12.8%, between February 2022 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 12.8% inflationary increase is applied to the most recent sale price for 23 BROOK LANE of £236,000 on 8th February 2022. For the value to have increased from £236,000 to £266,116 over the three years to February 2025, the following assumptions must hold true:

• The value of 23 BROOK LANE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The February 2022 sale price of £236,000 represented a fair market value for the property.
• The size, condition, and specification of 23 BROOK LANE has not materially changed since February 2022.

How Large is 23 BROOK LANE?

23 BROOK LANE is 102m², which includes three extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 50% 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 23 BROOK LANE lies on this distribution: 53% of detached houses houses are smaller than 23 BROOK LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Ripley.

23 BROOK LANE: Plot and Title Map

23 BROOK LANE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 23 BROOK 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 23 BROOK 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 23 BROOK LANE?

23 BROOK LANE is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 23 on BROOK LANE.