GROVE HOUSE, CHADWICK GROVE, RIPLEY, DE5 3GJ - £322,500

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

GROVE HOUSE is a very large detached house of 172m², built sometime between 1996 and 2002. It was last sold for £322,500 in November 2015, which was around 48% above the average November 2015 detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

GROVE HOUSE Sold Prices

Land registry data shows two sales for GROVE HOUSE 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 GROVE HOUSE 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
2015 14 NOV	£322,500	£218,487	48% above HPI
2001 26 JAN	£189,950	£88,887	114% above HPI

GROVE HOUSE 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 GROVE HOUSE sales from January 2001 and November 2015 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 2001 sale was for 114% above the HPI. So the extrapolation line tracks at 114% above the HPI over time, until the November 2015 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is GROVE HOUSE?

GROVE HOUSE is 172m² according to the EPC inspection conducted in July 2015. This puts it in the largest 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 GROVE HOUSE lies on this distribution: 96% of detached houses are smaller than GROVE HOUSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Ripley.

GROVE HOUSE: Plot and Title Map

GROVE HOUSE sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of GROVE HOUSE, 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 GROVE HOUSE). 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 GROVE HOUSE?

GROVE HOUSE is located on CHADWICK GROVE in RIPLEY, in the DE5 postcode district. The below map shows the position of GROVE HOUSE on CHADWICK GROVE.