56, MILL LANE, CODNOR, RIPLEY, DE5 9QG - £78,500

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.

56 MILL LANE is a terraced house, which could now be worth an estimated £130,597. It was last sold for £78,500 in April 2007, which was around 26% below the average April 2007 terraced price in the Amber Valley local authority area.

56 MILL LANE Sold Prices

Land registry data shows two sales for 56 MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Amber Valley local authority area for the corresponding sale date. Both of the two 56 MILL 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
2007 16 APR	£78,500	£106,357	26% below HPI
1999 26 MAY	£26,000	£33,852	23% below HPI

What might 56 MILL LANE be worth now?

56 MILL LANE might now be worth an estimated £130,597.

This is based on house price inflation of 66.4%, between April 2007 and May 2026, 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 66.4% inflationary increase is applied to the most recent sale price for 56 MILL LANE of £78,500 on 16th April 2007. For the value to have increased from £78,500 to £130,597 over the eighteen years and eleven months to May 2026, the following assumptions must hold true:

• The value of 56 MILL LANE has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The April 2007 sale price of £78,500 represented a fair market value for the property.
• The size, condition, and specification of 56 MILL LANE has not materially changed since April 2007.

Where is 56 MILL LANE?

56 MILL LANE is located in CODNOR, in the DE5 postcode district.