3, HONEYFIELD DRIVE, RIPLEY, DE5 3JL - £230,000

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.

3 HONEYFIELD DRIVE is a very small detached house of 56m², built sometime between 1967 and 1975, which could now be worth an estimated £247,844. It was last sold for £230,000 in October 2023, which was around 27% below the average October 2023 detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

3 HONEYFIELD DRIVE Sold Prices

Land registry data shows two sales for 3 HONEYFIELD DRIVE 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 3 HONEYFIELD DRIVE 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
2023 27 OCT	£230,000	£315,412	27% below HPI
2006 19 DEC	£120,000	£199,510	40% below HPI

3 HONEYFIELD DRIVE 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 3 HONEYFIELD DRIVE sales from December 2006 and October 2023 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 December 2006 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 3 HONEYFIELD DRIVE be worth now?

3 HONEYFIELD DRIVE might now be worth an estimated £247,844.

This is based on house price inflation of 7.8%, between October 2023 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 7.8% inflationary increase is applied to the most recent sale price for 3 HONEYFIELD DRIVE of £230,000 on 27th October 2023. For the value to have increased from £230,000 to £247,844 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 HONEYFIELD DRIVE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The October 2023 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HONEYFIELD DRIVE has not materially changed since October 2023.

How Large is 3 HONEYFIELD DRIVE?

3 HONEYFIELD DRIVE is 56m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ripley, and where 3 HONEYFIELD DRIVE lies on this distribution: 2% of detached houses houses are smaller than 3 HONEYFIELD DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ripley.

3 HONEYFIELD DRIVE: Plot and Title Map

3 HONEYFIELD DRIVE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 3 HONEYFIELD DRIVE, 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 3 HONEYFIELD DRIVE). 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 3 HONEYFIELD DRIVE?

3 HONEYFIELD DRIVE is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 3 on HONEYFIELD DRIVE.