51, SCHOOL LANE, RIPLEY, DE5 3GT - £160,000

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

51 SCHOOL LANE is a very small detached house of 61m², built sometime between 1991 and 1995. It was last sold for £160,000 in November 2016, which was around 30% below the average November 2016 detached price in the Amber Valley local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

51 SCHOOL LANE Sold Prices

Land registry data shows two sales for 51 SCHOOL LANE 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 51 SCHOOL LANE 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 25 NOV	£160,000	£227,951	30% below HPI
2000 28 APR	£69,950	£80,566	13% below HPI

51 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 two 51 SCHOOL LANE sales from April 2000 and November 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 2000 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2016 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 51 SCHOOL LANE?

51 SCHOOL LANE is 61m² according to the EPC inspection conducted in June 2016. 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 51 SCHOOL LANE lies on this distribution: 5% of detached houses are smaller than 51 SCHOOL LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Ripley.

51 SCHOOL LANE: Plot and Title Map

51 SCHOOL LANE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 51 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 51 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 51 SCHOOL LANE?

51 SCHOOL LANE is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 51 on SCHOOL LANE.