40, SCHOOL LANE, RIPLEY, DE5 3GT - £300,000

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.

40 SCHOOL LANE is a small extended detached house of 90m², built sometime between 1991 and 1995, which could now be worth an estimated £322,541. It was last sold for £300,000 in January 2024, which was around 5% below the average January 2024 detached price in the Amber Valley local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

40 SCHOOL LANE Sold Prices

Land registry data shows four sales for 40 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Most of the four 40 SCHOOL LANE sales were 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
2024 5 JAN	£300,000	£316,129	5% below HPI
2012 15 AUG	£189,000	£182,442	4% above HPI
2006 3 APR	£190,000	£182,379	4% above HPI
2002 13 DEC	£130,000	£124,633	4% above HPI

40 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 four 40 SCHOOL LANE sales between December 2002 and January 2024 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 August 2012 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the January 2024 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 40 SCHOOL LANE be worth now?

40 SCHOOL LANE might now be worth an estimated £322,541.

This is based on house price inflation of 7.5%, between January 2024 and February 2025, for 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 7.5% inflationary increase is applied to the most recent sale price for 40 SCHOOL LANE of £300,000 on 5th January 2024. For the value to have increased from £300,000 to £322,541 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 40 SCHOOL LANE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The January 2024 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 40 SCHOOL LANE has not materially changed since January 2024.

How Large is 40 SCHOOL LANE?

40 SCHOOL LANE is 90m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 40% of detached houses houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ripley, and where 40 SCHOOL LANE lies on this distribution: 37% of detached houses houses are smaller than 40 SCHOOL LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Ripley.

40 SCHOOL LANE: Plot and Title Map

40 SCHOOL LANE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 40 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 40 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 40 SCHOOL LANE?

40 SCHOOL LANE is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 40 on SCHOOL LANE.