9, CROSS LANE, CODNOR, RIPLEY, DE5 9RZ - £215,000

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

9 CROSS LANE is a small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £215,000 in May 2021, which was around 24% below the average May 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was D.

9 CROSS LANE Sold Prices

Land registry data shows four sales for 9 CROSS LANE 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 9 CROSS LANE 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 6 MAY	£215,000	£282,712	24% below HPI
2016 26 OCT	£190,000	£231,597	18% below HPI
2014 27 AUG	£170,000	£204,522	17% below HPI
2011 19 MAY	£173,500	£183,809	6% below HPI

9 CROSS LANE 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 9 CROSS LANE sales between May 2011 and May 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 October 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 9 CROSS LANE?

9 CROSS LANE is 85m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 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 9 CROSS LANE lies on this distribution: 32% of detached houses are smaller than 9 CROSS LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Ripley.

9 CROSS LANE: Plot and Title Map

9 CROSS LANE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 9 CROSS LANE, 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 9 CROSS LANE). 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 9 CROSS LANE?

9 CROSS LANE is located in CODNOR, in the DE5 postcode district. The below map shows the position of No. 9 on CROSS LANE.