2, SPRINGHILL WAY, CODNOR, RIPLEY, DE5 9PN - £154,000

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.

2 SPRINGHILL WAY is a midsized detached house of 97m², built sometime between 1976 and 1982, which could now be worth an estimated £256,057. It was last sold for £154,000 in September 2007, which was around 25% below the average September 2007 detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

2 SPRINGHILL WAY Sold Prices

Land registry data shows one sale for 2 SPRINGHILL WAY 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
2007 7 SEP	£154,000	£205,569	25% below HPI

What might 2 SPRINGHILL WAY be worth now?

2 SPRINGHILL WAY might now be worth an estimated £256,057.

This is based on house price inflation of 66.3%, between September 2007 and April 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 66.3% inflationary increase is applied to the most recent sale price for 2 SPRINGHILL WAY of £154,000 on 7th September 2007. For the value to have increased from £154,000 to £256,057 over the nineteen years and five months to April 2026, the following assumptions must hold true:

• The value of 2 SPRINGHILL WAY has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The September 2007 sale price of £154,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPRINGHILL WAY has not materially changed since September 2007.

How Large is 2 SPRINGHILL WAY?

2 SPRINGHILL WAY is 97m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 50% 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 SPRINGHILL WAY lies on this distribution: 47% of detached houses are smaller than 2 SPRINGHILL WAY, and 52% of detached houses are larger. Note that EPC data is not available for all properties in Ripley.

2 SPRINGHILL WAY: Plot

2 SPRINGHILL WAY sits on a plot of roughly 0.065 of an acre, or 264m².

Where is 2 SPRINGHILL WAY?

2 SPRINGHILL WAY is located in CODNOR, in the DE5 postcode district.