3, THE PADDOCKS, RIPLEY, DE5 3QR - £650,000

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.

3 THE PADDOCKS is a very large extended detached house of 351m², built sometime between 2003 and 2006, which could now be worth an estimated £878,915. It was last sold for £650,000 in October 2019, which was around 159% above the average October 2019 detached price in the Amber Valley local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was B.

3 THE PADDOCKS Sold Prices

Land registry data shows two sales for 3 THE PADDOCKS 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 THE PADDOCKS sales was for above the average price, whilst the other was 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
2019 22 OCT	£650,000	£251,359	159% above HPI
2006 29 SEP	£86,000	£191,292	55% below HPI

3 THE PADDOCKS 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 THE PADDOCKS sales from September 2006 and October 2019 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 September 2006 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the October 2019 sale, where it rises to 159% above the HPI. The line then continues to track at 159% above the HPI.

What might 3 THE PADDOCKS be worth now?

3 THE PADDOCKS might now be worth an estimated £878,915.

This is based on house price inflation of 35.2%, between October 2019 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 35.2% inflationary increase is applied to the most recent sale price for 3 THE PADDOCKS of £650,000 on 22nd October 2019. For the value to have increased from £650,000 to £878,915 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 THE PADDOCKS has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The October 2019 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE PADDOCKS has not materially changed since October 2019.

How Large is 3 THE PADDOCKS?

3 THE PADDOCKS is 351m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 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 3 THE PADDOCKS lies on this distribution: More than 99% of detached houses houses are smaller than 3 THE PADDOCKS, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Ripley.

3 THE PADDOCKS: Plot and Title Map

3 THE PADDOCKS sits on a plot of roughly 0.268 of an acre, or 1,083m². The below map shows the location of 3 THE PADDOCKS, 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 THE PADDOCKS). 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 THE PADDOCKS?

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