1, PEASEHILL ROAD, RIPLEY, DE5 3JG - £84,000

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.

1 PEASEHILL ROAD is a very small terraced house of 58m², built sometime between 1900 and 1929, which could now be worth an estimated £114,196. It was last sold for £84,000 in May 2020, which was around 35% below the average May 2020 terraced price in the Amber Valley local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

1 PEASEHILL ROAD Sold Prices

Land registry data shows three sales for 1 PEASEHILL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Amber Valley local authority area for the corresponding sale date. All of the three 1 PEASEHILL ROAD 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
2020 21 MAY	£84,000	£129,062	35% below HPI
2019 15 AUG	£60,000	£126,777	53% below HPI
2000 5 MAY	£31,000	£36,679	15% below HPI

1 PEASEHILL ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Amber Valley local authority area over time, sourced from the HPI. The three 1 PEASEHILL ROAD sales between May 2000 and May 2020 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 August 2019 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the May 2020 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 1 PEASEHILL ROAD be worth now?

1 PEASEHILL ROAD might now be worth an estimated £114,196.

This is based on house price inflation of 35.9%, between May 2020 and August 2025, for terraced 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 35.9% inflationary increase is applied to the most recent sale price for 1 PEASEHILL ROAD of £84,000 on 21st May 2020. For the value to have increased from £84,000 to £114,196 over the four years and nine months to August 2025, the following assumptions must hold true:

• The value of 1 PEASEHILL ROAD has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The May 2020 sale price of £84,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PEASEHILL ROAD has not materially changed since May 2020.

How Large is 1 PEASEHILL ROAD?

1 PEASEHILL ROAD is 58m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of terraced houses houses in Ripley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ripley, and where 1 PEASEHILL ROAD lies on this distribution: 4% of terraced houses houses are smaller than 1 PEASEHILL ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Ripley.

1 PEASEHILL ROAD: Plot and Title Map

1 PEASEHILL ROAD sits on a plot of roughly 0.009 of an acre, or 38m². The below map shows the location of 1 PEASEHILL ROAD, 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 1 PEASEHILL ROAD). 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 1 PEASEHILL ROAD?

1 PEASEHILL ROAD is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 1 on PEASEHILL ROAD.