38, SCHOOL LANE, RIPLEY, DE5 3GT - £215,000

38 SCHOOL LANE is a midsized extended detached house of 96m², built sometime between 1983 and 1990. It was last sold for £215,000 in September 2016, which was around 6% below the average September 2016 detached price in the Amber Valley local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

38 SCHOOL LANE Sold Prices

Land registry data shows three sales for 38 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. All of the three 38 SCHOOL LANE 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
2016 30 SEP	£215,000	£228,004	6% below HPI
2008 4 JAN	£190,000	£208,376	9% below HPI
1998 10 FEB	£65,000	£68,180	5% below HPI

38 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 38 SCHOOL LANE sales between February 1998 and September 2016 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 2008 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2016 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 38 SCHOOL LANE?

38 SCHOOL LANE is 96m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 50% of detached houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses by size in Ripley, and where 38 SCHOOL LANE lies on this distribution: 46% of detached houses are smaller than 38 SCHOOL LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Ripley.

38 SCHOOL LANE: Plot and Title Map

38 SCHOOL LANE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 38 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 38 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 38 SCHOOL LANE?

38 SCHOOL LANE is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 38 on SCHOOL LANE.