23, FERRERS WAY, RIPLEY, DE5 3GZ - £240,000

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 FERRERS WAY is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £240,000 in March 2021, which was around 15% below the average March 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

23 FERRERS WAY Sold Prices

Land registry data shows three sales for 23 FERRERS WAY 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 FERRERS WAY 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
2021 12 MAR	£240,000	£281,909	15% below HPI
2017 11 MAY	£190,000	£233,542	19% below HPI
2002 31 MAY	£42,000	£102,303	59% below HPI

23 FERRERS WAY 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 FERRERS WAY sales between May 2002 and March 2021 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 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 23 FERRERS WAY?

23 FERRERS WAY is 66m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% 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 FERRERS WAY lies on this distribution: 9% of detached houses are smaller than 23 FERRERS WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Ripley.

23 FERRERS WAY: Plot and Title Map

23 FERRERS WAY sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 23 FERRERS WAY, 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 FERRERS WAY). 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 FERRERS WAY?

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