50, THE SPINNEY, RIPLEY, DE5 3HW - £165,000

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

50 THE SPINNEY is a very small extended detached house of 75m², built sometime between 1967 and 1975. It was last sold for £165,000 in August 2016, which was around 27% below the average August 2016 detached price in the Amber Valley local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

50 THE SPINNEY Sold Prices

Land registry data shows three sales for 50 THE SPINNEY 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 50 THE SPINNEY 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
2016 3 AUG	£165,000	£226,603	27% below HPI
2001 6 APR	£69,950	£92,112	24% below HPI
1997 11 JUL	£65,000	£69,387	6% below HPI

50 THE SPINNEY 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 50 THE SPINNEY sales between July 1997 and August 2016 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 April 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 50 THE SPINNEY?

50 THE SPINNEY is 75m², which includes two extensions, according to the EPC inspection conducted in April 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 50 THE SPINNEY lies on this distribution: 19% of detached houses are smaller than 50 THE SPINNEY, and 80% of houses are larger. Note that EPC data is not available for all properties in Ripley.

50 THE SPINNEY: Plot and Title Map

50 THE SPINNEY sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 50 THE SPINNEY, 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 50 THE SPINNEY). 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 50 THE SPINNEY?

50 THE SPINNEY is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 50 on THE SPINNEY.