HOME FARM, RIPLEY ROAD, HEAGE, BELPER, DE56 2HU - £510,000

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

HOME FARM is a large extended detached house of 138m², built sometime before 1900. It was last sold for £510,000 in July 2024, which was around 53% above the average July 2024 detached price in the Amber Valley local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

HOME FARM Sold Prices

Land registry data shows two sales for HOME FARM 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 HOME FARM 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
2024 19 JUL	£510,000	£333,371	53% above HPI
2009 23 JAN	£310,000	£182,893	69% above HPI

HOME FARM 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 HOME FARM sales from January 2009 and July 2024 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 2009 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the July 2024 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is HOME FARM?

HOME FARM is 138m², which includes two extensions, according to the EPC inspection conducted in March 2024. This puts it in the largest 30% of detached houses in Heage, based on EPC data. The below chart shows the distribution of detached houses by size in Heage, and where HOME FARM lies on this distribution: 75% of detached houses are smaller than HOME FARM, and 24% of houses are larger. Note that EPC data is not available for all properties in Heage.

HOME FARM: Plot and Title Map

HOME FARM sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of HOME FARM, 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 HOME FARM). 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 HOME FARM?

HOME FARM is located on RIPLEY ROAD in HEAGE, in the DE56 postcode district. The below map shows the position of HOME FARM on RIPLEY ROAD.