2, GRACE GARDENS, MAREHAY, RIPLEY, DE5 8AR - £229,950

2 GRACE GARDENS is a small detached house of 76m², built in 2021. It was last sold for £229,950 in May 2021, which was around 19% below the average May 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was March 2021, where the current energy rating was B, and the potential energy rating was A.

2 GRACE GARDENS Sold Prices

Land registry data shows two sales for 2 GRACE GARDENS 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 2 GRACE GARDENS 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
2021 6 MAY	£229,950	£282,712	19% below HPI
2016 19 SEP	£185,000	£228,004	19% below HPI

2 GRACE GARDENS 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 2 GRACE GARDENS sales from September 2016 and May 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 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2021 sale, which was also at 19% below the HPI.

How Large is 2 GRACE GARDENS?

2 GRACE GARDENS is 76m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 30% of detached houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses by size in Ripley, and where 2 GRACE GARDENS lies on this distribution: 21% of detached houses are smaller than 2 GRACE GARDENS, and 79% of houses are larger. Note that EPC data is not available for all properties in Ripley.

2 GRACE GARDENS: Plot and Title Map

2 GRACE GARDENS sits on a plot of roughly 0.161 of an acre, or 652m². The below map shows the location of 2 GRACE GARDENS, 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 2 GRACE GARDENS). 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 2 GRACE GARDENS?

2 GRACE GARDENS is located in MAREHAY, in the DE5 postcode district. The below map shows the position of No. 2 on GRACE GARDENS.