22, CROSS LANE, CODNOR, RIPLEY, DE5 9RZ - £95,000

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.

22 CROSS LANE is a very small terraced house of 50m², built sometime before 1900, which could now be worth an estimated £116,956. It was last sold for £95,000 in December 2020, which was around 31% below the average December 2020 terraced price in the Amber Valley local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

22 CROSS LANE Sold Prices

Land registry data shows three sales for 22 CROSS LANE 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 22 CROSS LANE 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 17 DEC	£95,000	£138,090	31% below HPI
2013 12 SEP	£59,950	£101,415	41% below HPI
2002 18 FEB	£26,000	£45,624	43% below HPI

22 CROSS LANE 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 22 CROSS LANE sales between February 2002 and December 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 September 2013 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2020 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 22 CROSS LANE be worth now?

22 CROSS LANE might now be worth an estimated £116,956.

This is based on house price inflation of 23.1%, between December 2020 and June 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 23.1% inflationary increase is applied to the most recent sale price for 22 CROSS LANE of £95,000 on 17th December 2020. For the value to have increased from £95,000 to £116,956 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of 22 CROSS LANE has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The December 2020 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 22 CROSS LANE has not materially changed since December 2020.

How Large is 22 CROSS LANE?

22 CROSS LANE is 50m² according to the EPC inspection conducted in November 2020. 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 22 CROSS LANE lies on this distribution: 1% of terraced houses houses are smaller than 22 CROSS LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Ripley.

22 CROSS LANE: Plot and Title Map

22 CROSS LANE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 22 CROSS LANE, 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 22 CROSS LANE). 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 22 CROSS LANE?

22 CROSS LANE is located in CODNOR, in the DE5 postcode district. The below map shows the position of No. 22 on CROSS LANE.