61, FERRERS WAY, RIPLEY, DE5 3GZ - £290,000

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

61 FERRERS WAY is a very small extended detached house of 71m², built sometime between 1976 and 1982. It was last sold for £290,000 in November 2019, which was around 13% above the average November 2019 detached price in the Amber Valley local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

61 FERRERS WAY Sold Prices

Land registry data shows three sales for 61 FERRERS WAY 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. One of the three 61 FERRERS WAY sales was for above the average price, whilst two 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 11 NOV	£290,000	£256,978	13% above HPI
2011 28 OCT	£167,000	£186,785	11% below HPI
1997 1 JUL	£62,000	£69,387	11% below HPI

61 FERRERS WAY 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 61 FERRERS WAY sales between July 1997 and November 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 October 2011 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2019 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 61 FERRERS WAY?

61 FERRERS WAY is 71m², which includes one extension, according to the EPC inspection conducted in March 2022. 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 61 FERRERS WAY lies on this distribution: 14% of detached houses are smaller than 61 FERRERS WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Ripley.

61 FERRERS WAY: Plot and Title Map

61 FERRERS WAY sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of 61 FERRERS WAY, 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 61 FERRERS WAY). 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 61 FERRERS WAY?

61 FERRERS WAY is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 61 on FERRERS WAY.