26, THE SPINNEY, RIPLEY, DE5 3HW - £155,000

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.

26 THE SPINNEY is a very small detached house of 68m², built sometime between 1976 and 1982, which could now be worth an estimated £185,532. It was last sold for £155,000 in September 2021, which was around 45% below the average September 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

26 THE SPINNEY Sold Prices

Land registry data shows two sales for 26 THE SPINNEY 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 26 THE SPINNEY 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 17 SEP	£155,000	£280,376	45% below HPI
2010 18 JUN	£100,000	£191,057	48% below HPI

26 THE SPINNEY 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 26 THE SPINNEY sales from June 2010 and September 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 June 2010 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the September 2021 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 26 THE SPINNEY be worth now?

26 THE SPINNEY might now be worth an estimated £185,532.

This is based on house price inflation of 19.7%, between September 2021 and March 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 19.7% inflationary increase is applied to the most recent sale price for 26 THE SPINNEY of £155,000 on 17th September 2021. For the value to have increased from £155,000 to £185,532 over the four years and six months to March 2025, the following assumptions must hold true:

• The value of 26 THE SPINNEY has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The September 2021 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 26 THE SPINNEY has not materially changed since September 2021.

How Large is 26 THE SPINNEY?

26 THE SPINNEY is 68m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% 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 26 THE SPINNEY lies on this distribution: 11% of detached houses houses are smaller than 26 THE SPINNEY, and 88% of houses are larger. Note that EPC data is not available for all properties in Ripley.

26 THE SPINNEY: Plot and Title Map

26 THE SPINNEY sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 26 THE SPINNEY, 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 26 THE SPINNEY). 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 26 THE SPINNEY?

26 THE SPINNEY is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 26 on THE SPINNEY.