41, THOMSON DRIVE, CODNOR, RIPLEY, DE5 9RU - £168,500

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

41 THOMSON DRIVE is a very small detached house of 67m², built sometime between 1950 and 1966. It was last sold for £168,500 in November 2019, which was around 34% below the average November 2019 detached price in the Amber Valley local authority area. The most recent EPC inspection was December 2016, where the current energy rating was E, and the potential energy rating was B.

41 THOMSON DRIVE Sold Prices

Land registry data shows three sales for 41 THOMSON DRIVE 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 41 THOMSON DRIVE 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
2019 1 NOV	£168,500	£256,978	34% below HPI
2016 11 NOV	£125,000	£227,951	45% below HPI
2016 25 AUG	£100,500	£226,603	56% below HPI

41 THOMSON DRIVE 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 41 THOMSON DRIVE sales between August 2016 and November 2019 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 November 2016 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2019 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 41 THOMSON DRIVE?

41 THOMSON DRIVE is 67m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 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 41 THOMSON DRIVE lies on this distribution: 10% of detached houses are smaller than 41 THOMSON DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Ripley.

41 THOMSON DRIVE: Plot and Title Map

41 THOMSON DRIVE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 41 THOMSON DRIVE, 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 41 THOMSON DRIVE). 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 41 THOMSON DRIVE?

41 THOMSON DRIVE is located in CODNOR, in the DE5 postcode district. The below map shows the position of No. 41 on THOMSON DRIVE.