4, HEAGE ROAD, RIPLEY, DE5 3GE - £290,000

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

4 HEAGE ROAD is a very large extended detached house of 131m², built sometime between 1900 and 1929. It was last sold for £290,000 in July 2022, which was around 7% below the average July 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

4 HEAGE ROAD Sold Prices

Land registry data shows three sales for 4 HEAGE ROAD 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. Two of the three 4 HEAGE ROAD sales were for below the average price, whilst one 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
2022 28 JUL	£290,000	£311,018	7% below HPI
2019 25 JAN	£250,000	£246,802	1% above HPI
2017 28 JUL	£205,000	£232,289	12% below HPI

4 HEAGE ROAD 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 4 HEAGE ROAD sales between July 2017 and July 2022 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 2019 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 4 HEAGE ROAD?

4 HEAGE ROAD is 131m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 20% of detached houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses by size in Ripley, and where 4 HEAGE ROAD lies on this distribution: 82% of detached houses are smaller than 4 HEAGE ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Ripley.

4 HEAGE ROAD: Plot and Title Map

4 HEAGE ROAD sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 4 HEAGE 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 4 HEAGE 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 4 HEAGE ROAD?

4 HEAGE ROAD is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 4 on HEAGE ROAD.