74, NORMAN ROAD, RIPLEY, DE5 3GN - £220,000

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

74 NORMAN ROAD is a midsized detached house of 95m², built sometime between 1950 and 1966. It was last sold for £220,000 in March 2019, which was around 12% below the average March 2019 detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

74 NORMAN ROAD Sold Prices

Land registry data shows two sales for 74 NORMAN ROAD 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 74 NORMAN ROAD 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 1 MAR	£220,000	£249,134	12% below HPI
2014 31 JAN	£172,000	£193,185	11% below HPI

74 NORMAN ROAD 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 74 NORMAN ROAD sales from January 2014 and March 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 January 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 74 NORMAN ROAD?

74 NORMAN ROAD is 95m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 50% of detached houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses by size in Ripley, and where 74 NORMAN ROAD lies on this distribution: 45% of detached houses are smaller than 74 NORMAN ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Ripley.

74 NORMAN ROAD: Plot and Title Map

74 NORMAN ROAD sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 74 NORMAN ROAD, 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 74 NORMAN ROAD). 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 74 NORMAN ROAD?

74 NORMAN ROAD is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 74 on NORMAN ROAD.