5B, OUTRAM STREET, RIPLEY, DE5 3LF - £183,000

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.

5B OUTRAM STREET is a small extended semi-detached house of 90m², built sometime between 2003 and 2006, which could now be worth an estimated £229,820. It was last sold for £183,000 in December 2020, which was around 6% above the average December 2020 semi-detached price in the Amber Valley local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

5B OUTRAM STREET Sold Prices

Land registry data shows three sales for 5B OUTRAM STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 5B OUTRAM STREET sales were for above 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	£183,000	£172,202	6% above HPI
2006 24 NOV	£137,000	£127,212	8% above HPI
2005 16 SEP	£129,950	£115,454	13% above HPI

5B OUTRAM STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 5B OUTRAM STREET sales between September 2005 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 November 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2020 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 5B OUTRAM STREET be worth now?

5B OUTRAM STREET might now be worth an estimated £229,820.

This is based on house price inflation of 25.6%, between December 2020 and March 2025, for semi-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 25.6% inflationary increase is applied to the most recent sale price for 5B OUTRAM STREET of £183,000 on 17th December 2020. For the value to have increased from £183,000 to £229,820 over the five years and nine months to March 2025, the following assumptions must hold true:

• The value of 5B OUTRAM STREET has moved in line with the HPI for semi-detached houses in the Amber Valley local authority area.
• The December 2020 sale price of £183,000 represented a fair market value for the property.
• The size, condition, and specification of 5B OUTRAM STREET has not materially changed since December 2020.

How Large is 5B OUTRAM STREET?

5B OUTRAM STREET is 90m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of semi-detached houses houses in Ripley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ripley, and where 5B OUTRAM STREET lies on this distribution: 37% of semi-detached houses houses are smaller than 5B OUTRAM STREET, and 61% of houses are larger. Note that EPC data is not available for all properties in Ripley.

5B OUTRAM STREET: Plot and Title Map

5B OUTRAM STREET sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 5B OUTRAM STREET, 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 5B OUTRAM STREET). 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 5B OUTRAM STREET?

5B OUTRAM STREET is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 5B on OUTRAM STREET.