36, SCHOOL LANE, RIPLEY, DE5 3GT - £225,000

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

36 SCHOOL LANE is a large extended detached house of 113m², built sometime between 1983 and 1990. It was last sold for £225,000 in September 2018, which was around 10% below the average September 2018 detached price in the Amber Valley local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

36 SCHOOL LANE Sold Prices

Land registry data shows three sales for 36 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. The three 36 SCHOOL LANE sales were a mix of below the average price, roughly equal to the average price, and 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
2018 14 SEP	£225,000	£249,265	10% below HPI
2003 1 OCT	£175,500	£152,665	15% above HPI
1997 3 OCT	£66,500	£66,720	Close to HPI

36 SCHOOL LANE 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 three 36 SCHOOL LANE sales between October 1997 and September 2018 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 October 2003 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2018 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 36 SCHOOL LANE?

36 SCHOOL LANE is 113m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 40% of detached houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses by size in Ripley, and where 36 SCHOOL LANE lies on this distribution: 65% of detached houses are smaller than 36 SCHOOL LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Ripley.

36 SCHOOL LANE: Plot and Title Map

36 SCHOOL LANE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 36 SCHOOL LANE, 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 36 SCHOOL LANE). 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 36 SCHOOL LANE?

36 SCHOOL LANE is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 36 on SCHOOL LANE.