8, SPRINGHILL WAY, CODNOR, RIPLEY, DE5 9PN - £220,000

8 SPRINGHILL WAY is a large detached house of 108m², built sometime between 1967 and 1975. It was last sold for £220,000 in December 2020, which was around 21% below the average December 2020 detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

8 SPRINGHILL WAY Sold Prices

Land registry data shows four sales for 8 SPRINGHILL WAY 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 8 SPRINGHILL WAY 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
2020 18 DEC	£220,000	£277,788	21% below HPI
2014 27 AUG	£145,000	£204,522	29% below HPI
2004 3 JUN	£145,000	£166,094	13% below HPI
1995 23 OCT	£52,000	£59,949	13% below HPI

8 SPRINGHILL 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 four 8 SPRINGHILL WAY sales between October 1995 and December 2020 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 August 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 SPRINGHILL WAY?

8 SPRINGHILL WAY is 108m² according to the EPC inspection conducted in May 2015. This puts it in the largest 40% of detached houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses by size in Ripley, and where 8 SPRINGHILL WAY lies on this distribution: 61% of detached houses are smaller than 8 SPRINGHILL WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Ripley.

8 SPRINGHILL WAY: Plot and Title Map

8 SPRINGHILL WAY sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 8 SPRINGHILL 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 8 SPRINGHILL 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 8 SPRINGHILL WAY?

8 SPRINGHILL WAY is located in CODNOR, in the DE5 postcode district. The below map shows the position of No. 8 on SPRINGHILL WAY.