3, PRIORY WAY, RIPLEY, DE5 3TJ - £188,750

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.

3 PRIORY WAY is a large extended detached house of 119m², built sometime between 2003 and 2006, which could now be worth an estimated £328,254. It was last sold for £188,750 in July 2010, which was around 3% below the average July 2010 detached price in the Amber Valley local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

3 PRIORY WAY Sold Prices

Land registry data shows two sales for 3 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. One of the two 3 PRIORY WAY sales was for below the average price, whilst the other was 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
2010 30 JUL	£188,750	£195,436	3% below HPI
2006 31 MAR	£195,000	£183,136	6% above HPI

3 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 3 PRIORY WAY sales from March 2006 and July 2010 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 March 2006 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2010 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 3 PRIORY WAY be worth now?

3 PRIORY WAY might now be worth an estimated £328,254.

This is based on house price inflation of 73.9%, between July 2010 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 73.9% inflationary increase is applied to the most recent sale price for 3 PRIORY WAY of £188,750 on 30th July 2010. For the value to have increased from £188,750 to £328,254 over the fifteen years and five months to February 2025, the following assumptions must hold true:

• The value of 3 PRIORY WAY has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The July 2010 sale price of £188,750 represented a fair market value for the property.
• The size, condition, and specification of 3 PRIORY WAY has not materially changed since July 2010.

How Large is 3 PRIORY WAY?

3 PRIORY WAY is 119m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 30% 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 3 PRIORY WAY lies on this distribution: 71% of detached houses houses are smaller than 3 PRIORY WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Ripley.

3 PRIORY WAY: Plot and Title Map

3 PRIORY WAY sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 3 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 3 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 3 PRIORY WAY?

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