23, DERWENT ROAD, RIPLEY, DE5 3GS - £195,000

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

23 DERWENT ROAD is a small extended detached house of 78m², built sometime between 1950 and 1966. It was last sold for £195,000 in May 2024, which was around 41% below the average May 2024 detached price in the Amber Valley local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

23 DERWENT ROAD Sold Prices

Land registry data shows two sales for 23 DERWENT 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 23 DERWENT 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 24 MAY	£195,000	£328,873	41% below HPI
2014 21 MAY	£145,000	£196,781	26% below HPI

23 DERWENT 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 23 DERWENT ROAD sales from May 2014 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 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2024 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 23 DERWENT ROAD?

23 DERWENT ROAD is 78m², which includes one extension, according to the EPC inspection conducted in April 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 23 DERWENT ROAD lies on this distribution: 21% of detached houses are smaller than 23 DERWENT ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Ripley.

23 DERWENT ROAD: Plot and Title Map

23 DERWENT ROAD sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 23 DERWENT 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 23 DERWENT 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 23 DERWENT ROAD?

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