58A, WALL STREET, RIPLEY, DE5 3DE - £165,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

58A WALL STREET is a small detached house of 83m², built sometime between 2003 and 2006, which could now be worth an estimated £233,398. It was last sold for £165,000 in February 2019, which was around 31% below the average February 2019 detached price in the Amber Valley local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

58A WALL STREET Sold Prices

Land registry data shows four sales for 58A WALL STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the four 58A WALL STREET 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 15 FEB	£165,000	£240,279	31% below HPI
2014 25 APR	£138,000	£195,380	29% below HPI
2009 31 DEC	£124,995	£185,125	32% below HPI
2007 9 MAR	£162,500	£195,672	17% below HPI

58A WALL STREET 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 four 58A WALL STREET sales between March 2007 and February 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 April 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2019 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 58A WALL STREET be worth now?

58A WALL STREET might now be worth an estimated £233,398.

This is based on house price inflation of 41.5%, between February 2019 and February 2025, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.5% inflationary increase is applied to the most recent sale price for 58A WALL STREET of £165,000 on 15th February 2019. For the value to have increased from £165,000 to £233,398 over the six years to February 2025, the following assumptions must hold true:

• The value of 58A WALL STREET has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The February 2019 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 58A WALL STREET has not materially changed since February 2019.

How Large is 58A WALL STREET?

58A WALL STREET is 83m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 30% of detached houses houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ripley, and where 58A WALL STREET lies on this distribution: 28% of detached houses houses are smaller than 58A WALL STREET, and 72% of houses are larger. Note that EPC data is not available for all properties in Ripley.

58A WALL STREET: Plot and Title Map

58A WALL STREET sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of 58A WALL STREET, 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 58A WALL STREET). 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 58A WALL STREET?

58A WALL STREET is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 58A on WALL STREET.