4, NORMAN ROAD, RIPLEY, DE5 3GL - £195,000

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 NORMAN ROAD is a small extended detached house of 85m², built sometime between 1900 and 1929. It was last sold for £195,000 in January 2022, which was around 35% below the average January 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was C.

4 NORMAN ROAD Sold Prices

Land registry data shows five sales for 4 NORMAN ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the five 4 NORMAN 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
2022 14 JAN	£195,000	£301,292	35% below HPI
2003 5 SEP	£89,950	£149,816	40% below HPI
2001 30 JAN	£56,000	£88,887	37% below HPI
1997 24 JAN	£54,950	£62,380	12% below HPI
1996 16 AUG	£22,000	£64,656	66% below HPI

4 NORMAN 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 five 4 NORMAN ROAD sales between August 1996 and January 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 September 2003 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2022 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 4 NORMAN ROAD?

4 NORMAN ROAD is 85m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the smallest 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 4 NORMAN ROAD lies on this distribution: 30% of detached houses are smaller than 4 NORMAN ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Ripley.

4 NORMAN ROAD: Plot and Title Map

4 NORMAN ROAD sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 4 NORMAN 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 NORMAN 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 NORMAN ROAD?

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