THE GRANARY, RIDGEWAY FARM COURT, CRICH LANE, RIDGEWAY, BELPER, DE56 2JL - £440,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE GRANARY is a very large extended detached house of 232m², built sometime between 1996 and 2002, which could now be worth an estimated £667,679. It was last sold for £440,000 in November 2016, which was around 96% above the average November 2016 detached price in the Amber Valley local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

THE GRANARY Sold Prices

Land registry data shows two sales for THE GRANARY 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. One of the two THE GRANARY sales was for above the average price, whilst the other was 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
2016 25 NOV	£440,000	£223,982	96% above HPI
1999 26 FEB	£30,000	£68,466	56% below HPI

THE GRANARY 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 THE GRANARY sales from February 1999 and November 2016 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 February 1999 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the November 2016 sale, where it rises to 96% above the HPI. The line then continues to track at 96% above the HPI.

What might THE GRANARY be worth now?

THE GRANARY might now be worth an estimated £667,679.

This is based on house price inflation of 51.7%, between November 2016 and February 2025, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.7% inflationary increase is applied to the most recent sale price for THE GRANARY of £440,000 on 25th November 2016. For the value to have increased from £440,000 to £667,679 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of THE GRANARY has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The November 2016 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of THE GRANARY has not materially changed since November 2016.

How Large is THE GRANARY?

THE GRANARY is 232m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the largest 10% of detached houses houses in Ridgeway, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ridgeway, and where THE GRANARY lies on this distribution: 97% of detached houses houses are smaller than THE GRANARY, and 3% of houses are larger. Note that EPC data is not available for all properties in Ridgeway.

THE GRANARY: Plot and Title Map

THE GRANARY sits on a plot of roughly 0.174 of an acre, or 706m². The below map shows the location of THE GRANARY, 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 THE GRANARY). 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 THE GRANARY?

THE GRANARY, RIDGEWAY FARM COURT is located on CRICH LANE in RIDGEWAY, in the DE56 postcode district. The below map shows the position of THE GRANARY, RIDGEWAY FARM COURT on CRICH LANE.