24, PRIORY WAY, RIPLEY, DE5 3TJ - £275,000

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.

24 PRIORY WAY is a very small detached house of 66m², which could now be worth an estimated £391,333. It was last sold for £275,000 in December 2017, which was around 15% above the average December 2017 detached price in the Amber Valley local authority area. The most recent EPC inspection was December 2008, where the current energy rating was C, and the potential energy rating was C.

24 PRIORY WAY Sold Prices

Land registry data shows two sales for 24 PRIORY WAY 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 24 PRIORY WAY sales were for above 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
2017 15 DEC	£275,000	£238,844	15% above HPI
2013 12 DEC	£215,000	£191,747	12% above HPI

24 PRIORY 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 two 24 PRIORY WAY sales from December 2013 and December 2017 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 December 2013 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2017 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 24 PRIORY WAY be worth now?

24 PRIORY WAY might now be worth an estimated £391,333.

This is based on house price inflation of 42.3%, between December 2017 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 42.3% inflationary increase is applied to the most recent sale price for 24 PRIORY WAY of £275,000 on 15th December 2017. For the value to have increased from £275,000 to £391,333 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 24 PRIORY WAY has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The December 2017 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 24 PRIORY WAY has not materially changed since December 2017.

How Large is 24 PRIORY WAY?

24 PRIORY WAY is 66m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 10% 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 24 PRIORY WAY lies on this distribution: 10% of detached houses houses are smaller than 24 PRIORY WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Ripley.

24 PRIORY WAY: Plot and Title Map

24 PRIORY WAY sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 24 PRIORY 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 24 PRIORY 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 24 PRIORY WAY?

24 PRIORY WAY is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 24 on PRIORY WAY.