53, SCHOOL LANE, RIPLEY, DE5 3GT - £146,000

53 SCHOOL LANE is a very small detached house of 52m², built sometime between 1996 and 2002. It was last sold for £146,000 in December 2013, which was around 25% below the average December 2013 detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

53 SCHOOL LANE Sold Prices

Land registry data shows two sales for 53 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 53 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
2013 6 DEC	£146,000	£195,146	25% below HPI
1997 27 JUN	£56,950	£67,067	15% below HPI

53 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 53 SCHOOL LANE sales from June 1997 and December 2013 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 1997 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2013 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 53 SCHOOL LANE?

53 SCHOOL LANE is 52m² according to the EPC inspection conducted in July 2013. 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 53 SCHOOL LANE lies on this distribution: 1% of detached houses are smaller than 53 SCHOOL LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Ripley.

53 SCHOOL LANE: Plot and Title Map

53 SCHOOL LANE sits on a plot of roughly 0.051 of an acre, or 204m². The below map shows the location of 53 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 53 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 53 SCHOOL LANE?

53 SCHOOL LANE is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 53 on SCHOOL LANE.