306, NOTTINGHAM ROAD, RIPLEY, DE5 3JX - £120,000

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.

306 NOTTINGHAM ROAD is a small semi-detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £145,916. It was last sold for £120,000 in March 2021, which was around 33% below the average March 2021 semi-detached price in the Amber Valley local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

306 NOTTINGHAM ROAD Sold Prices

Land registry data shows two sales for 306 NOTTINGHAM ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 306 NOTTINGHAM ROAD 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 4 MAR	£120,000	£177,850	33% below HPI
2020 24 JAN	£118,000	£161,697	27% below HPI

306 NOTTINGHAM ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 306 NOTTINGHAM ROAD sales from January 2020 and March 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 January 2020 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 306 NOTTINGHAM ROAD be worth now?

306 NOTTINGHAM ROAD might now be worth an estimated £145,916.

This is based on house price inflation of 21.6%, between March 2021 and March 2025, for semi-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 21.6% inflationary increase is applied to the most recent sale price for 306 NOTTINGHAM ROAD of £120,000 on 4th March 2021. For the value to have increased from £120,000 to £145,916 over the four years to March 2025, the following assumptions must hold true:

• The value of 306 NOTTINGHAM ROAD has moved in line with the HPI for semi-detached houses in the Amber Valley local authority area.
• The March 2021 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 306 NOTTINGHAM ROAD has not materially changed since March 2021.

How Large is 306 NOTTINGHAM ROAD?

306 NOTTINGHAM ROAD is 82m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% of semi-detached houses houses in Ripley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ripley, and where 306 NOTTINGHAM ROAD lies on this distribution: 24% of semi-detached houses houses are smaller than 306 NOTTINGHAM ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Ripley.

306 NOTTINGHAM ROAD: Plot and Title Map

306 NOTTINGHAM ROAD sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 306 NOTTINGHAM ROAD, 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 306 NOTTINGHAM ROAD). 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 306 NOTTINGHAM ROAD?

306 NOTTINGHAM ROAD is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 306 on NOTTINGHAM ROAD.