5, CHARNWOOD DRIVE, RIPLEY, DE5 3TB - £159,000

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

5 CHARNWOOD DRIVE is a very small detached house of 56m², built sometime between 1976 and 1982. It was last sold for £159,000 in July 2020, which was around 39% below the average July 2020 detached price in the Amber Valley local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

5 CHARNWOOD DRIVE Sold Prices

Land registry data shows two sales for 5 CHARNWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 5 CHARNWOOD 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
2020 8 JUL	£159,000	£261,738	39% below HPI
2001 29 JUN	£63,500	£91,630	31% below HPI

5 CHARNWOOD 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 two 5 CHARNWOOD DRIVE sales from June 2001 and July 2020 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 June 2001 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2020 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 5 CHARNWOOD DRIVE?

5 CHARNWOOD DRIVE is 56m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of detached houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses by size in Ripley, and where 5 CHARNWOOD DRIVE lies on this distribution: 2% of detached houses are smaller than 5 CHARNWOOD DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ripley.

5 CHARNWOOD DRIVE: Plot and Title Map

5 CHARNWOOD DRIVE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 5 CHARNWOOD 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 5 CHARNWOOD 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 5 CHARNWOOD DRIVE?

5 CHARNWOOD DRIVE is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 5 on CHARNWOOD DRIVE.