3, HONEYFIELD DRIVE, RIPLEY, DE5 3JL - £230,000

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

3 HONEYFIELD DRIVE is a very small detached house of 56m², built sometime between 1967 and 1975. It was last sold for £230,000 in October 2023, which was around 29% below the average October 2023 detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

3 HONEYFIELD DRIVE Sold Prices

Land registry data shows two sales for 3 HONEYFIELD DRIVE 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 3 HONEYFIELD DRIVE 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
2023 27 OCT	£230,000	£321,859	29% below HPI
2006 19 DEC	£120,000	£203,046	41% below HPI

3 HONEYFIELD DRIVE 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 3 HONEYFIELD DRIVE sales from December 2006 and October 2023 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 2006 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2023 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 3 HONEYFIELD DRIVE?

3 HONEYFIELD DRIVE is 56m² according to the EPC inspection conducted in July 2020. 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 3 HONEYFIELD DRIVE lies on this distribution: 2% of detached houses are smaller than 3 HONEYFIELD DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ripley.

3 HONEYFIELD DRIVE: Plot and Title Map

3 HONEYFIELD DRIVE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 3 HONEYFIELD DRIVE, 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 3 HONEYFIELD DRIVE). 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 3 HONEYFIELD DRIVE?

3 HONEYFIELD DRIVE is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 3 on HONEYFIELD DRIVE.