16, CROSS LANE, CODNOR, RIPLEY, DE5 9RZ - £175,000

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.

16 CROSS LANE is a very large extended detached house of 136m², built sometime between 1967 and 1975, which could now be worth an estimated £269,703. It was last sold for £175,000 in March 2017, which was around 21% below the average March 2017 detached price in the Amber Valley local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

16 CROSS LANE Sold Prices

Land registry data shows one sale for 16 CROSS LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 10 MAR	£175,000	£222,761	21% below HPI

What might 16 CROSS LANE be worth now?

16 CROSS LANE might now be worth an estimated £269,703.

This is based on house price inflation of 54.1%, between March 2017 and May 2026, 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 54.1% inflationary increase is applied to the most recent sale price for 16 CROSS LANE of £175,000 on 10th March 2017. For the value to have increased from £175,000 to £269,703 over the eight years and ten months to May 2026, the following assumptions must hold true:

• The value of 16 CROSS LANE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The March 2017 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CROSS LANE has not materially changed since March 2017.

How Large is 16 CROSS LANE?

16 CROSS LANE is 136m², which includes three extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 20% of detached houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses by size in Ripley, and where 16 CROSS LANE lies on this distribution: 85% of detached houses are smaller than 16 CROSS LANE, and 15% of detached houses are larger. Note that EPC data is not available for all properties in Ripley.

16 CROSS LANE: Plot

16 CROSS LANE sits on a plot of roughly 0.122 of an acre, or 495m².

Where is 16 CROSS LANE?

16 CROSS LANE is located in CODNOR, in the DE5 postcode district.