GRANGE LODGE, DERBY ROAD, BUTTERLEY, RIPLEY, DE5 3QY - £437,000

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

GRANGE LODGE is a very large extended detached house of 142m², built sometime between 1976 and 1982. It was last sold for £437,000 in October 2021, which was around 49% above the average October 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was D.

GRANGE LODGE Sold Prices

Land registry data shows two sales for GRANGE LODGE 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 GRANGE LODGE sales were for above 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 9 OCT	£437,000	£293,965	49% above HPI
2010 17 SEP	£370,000	£193,502	91% above HPI

GRANGE LODGE 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 GRANGE LODGE sales from September 2010 and October 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 September 2010 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the October 2021 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is GRANGE LODGE?

GRANGE LODGE is 142m², which includes one extension, according to the EPC inspection conducted in December 2009. This puts it in the largest 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 GRANGE LODGE lies on this distribution: 88% of detached houses are smaller than GRANGE LODGE, and 12% of houses are larger. Note that EPC data is not available for all properties in Ripley.

GRANGE LODGE: Plot and Title Map

GRANGE LODGE sits on a plot of roughly 0.616 of an acre, or 2,493m². The below map shows the location of GRANGE LODGE, 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 GRANGE LODGE). 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 GRANGE LODGE?

GRANGE LODGE is located on DERBY ROAD in BUTTERLEY, in the DE5 postcode district. The below map shows the position of GRANGE LODGE on DERBY ROAD.