7, ALBION STREET, RIPLEY, DE5 3ET - £180,000

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

7 ALBION STREET is a very small detached house of 53m², built sometime between 1967 and 1975. It was last sold for £180,000 in September 2021, which was around 37% below the average September 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

7 ALBION STREET Sold Prices

Land registry data shows three sales for 7 ALBION STREET 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 7 ALBION 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
2021 30 SEP	£180,000	£285,345	37% below HPI
2007 5 JAN	£163,000	£199,916	18% below HPI
2006 14 JUL	£120,000	£191,389	37% below HPI

7 ALBION 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 three 7 ALBION STREET sales between July 2006 and September 2021 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 January 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 7 ALBION STREET?

7 ALBION STREET is 53m² according to the EPC inspection conducted in May 2021. 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 7 ALBION STREET lies on this distribution: 2% of detached houses are smaller than 7 ALBION STREET, and 98% of houses are larger. Note that EPC data is not available for all properties in Ripley.

7 ALBION STREET: Plot and Title Map

7 ALBION STREET sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 7 ALBION 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 7 ALBION 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 7 ALBION STREET?

7 ALBION STREET is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 7 on ALBION STREET.