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Ripley House Prices Ripley House Prices

The average house price in Ripley is £184,631 using HM Land Registry data.

The average property price increased by £56,720 (33.67%) over the last 5 years and increased by £11,336 (5.3%) over the last 12 months.

Over the last year, there were 208 residential property sales – a decrease of 215 transactions (-103.37%) relative to the previous year. The majority of house sales (60) were in the £150,000 - £190,000 range. Then came properties in the £190,000 - £230,000 range, where 34 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 46 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,712 (-2%).

In April 2024, there were 64 new estate agency instructions, 39 agreed home sales and 30 property price reductions.

Neighbouring Areas: Heanor

Postcodes Covered: DE5, DE75

5-Year Average Property Prices in Ripley

33.67%

Property prices in Ripley increased by 33.67% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Ripley Over the Last Year

5.3%

Property prices in Ripley increased by 5.3% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Ripley - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Ripley

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Ripley

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Ripley

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Ripley since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Ripley area since 1995.

Recent Property Sales in Ripley

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
42 Middleton Avenue, Codnor, Ripley, Derbyshire, DE5 9SS£270,000£132,500-£137,50026 Dec 202221 Mar 2024451 Days
180 Derby Road, Marehay, Ripley, Derbyshire, DE5 8HU£169,950£169,950£0007 Jul 202315 Mar 2024252 Days
8 Lamb Crescent, Ripley, Derbyshire, DE5 3EX£174,950£165,000-£9,95012 Oct 202301 Mar 2024141 Days
36 Dove Road, Ripley, Derbyshire, DE5 3GR£289,950£289,950£0015 Sep 202329 Feb 2024167 Days
59 Poppyfields, Marehay, Ripley, Derbyshire, DE5 8JJ£249,950£245,000-£4,95002 Oct 202320 Feb 2024141 Days
53 Amber Heights, Ripley, Derbyshire, DE5 3SP£430,000£428,000-£2,00012 Aug 202306 Feb 2024178 Days
39 Heath Road, Ripley, Derbyshire, DE5 3EN£169,950£165,000-£4,95002 Aug 202306 Feb 2024188 Days
3 Brookfield Close, Codnor, Ripley, Derbyshire, DE5 9PP£230,000£228,000-£2,00002 Oct 202329 Jan 2024119 Days
17 Briars Way, Ripley, Derbyshire, DE5 3PZ£240,000£230,000-£10,00004 Jun 202316 Jan 2024226 Days
44 Nottingham Road, Codnor, Ripley, Derbyshire, DE5 9RH£295,000£275,000-£20,00003 Oct 202212 Jan 2024466 Days
48 Thomson Drive, Codnor, Ripley, Derbyshire, DE5 9RU£180,000£180,000£0007 Jun 202308 Jan 2024215 Days
14 Providence Street, Ripley, Derbyshire, DE5 3HY£120,000£112,000-£8,00031 Jul 202318 Dec 2023140 Days
5 Ferrers Way, Ripley, Derbyshire, DE5 3GZ£290,000£280,000-£10,00014 Jul 202315 Dec 2023154 Days
39 Alfreton Road, Codnor, Ripley, Derbyshire, DE5 9QY£160,000£155,000-£5,00007 Nov 202308 Dec 202331 Days
16 Pasteur Avenue, Ripley, Derbyshire, DE5 3SH£150,000£145,000-£5,00004 Jul 202307 Dec 2023156 Days
10 Holborn View, Codnor, Ripley, Derbyshire, DE5 9RB£190,000£190,000£0029 Jul 202304 Dec 2023128 Days
23 Thomson Drive, Codnor, Ripley, Derbyshire, DE5 9RU£215,000£215,000£0008 Aug 202304 Dec 2023118 Days
47 Brookvale Avenue, Codnor, Ripley, Derbyshire, DE5 9QL£179,950£175,000-£4,95005 Jul 202304 Dec 2023152 Days
126 Derby Road, Ripley, Derbyshire, DE5 3HT£89,950£89,950£0020 Sep 202301 Dec 202372 Days
24 Fletchers Row, Ripley, Derbyshire, DE5 3BA£145,000£145,000£0019 Jun 202320 Nov 2023154 Days

Most Expensive Streets in Ripley

PostcodeStreetAreaAverageNo. of Sales
DE5 3GFBeech AvenueRipley£383,0005
DE5 9SPCodnor Denby LaneCodnor£356,9205
DE5 3SPAmber HeightsRipley£349,5805
DE5 3TTBelfry WayRipley£335,95020
DE5 9SHHeanor RoadCodnor£333,37613
DE5 3TFChurch Farm RoadRipley£318,3333
DE5 9TUWindmill CloseWaingroves£299,8577
DE5 3GHHeage RoadRipley£296,09910
DE5 3QBCopse DriveRipley£294,7504
DE5 3UTChancery CloseRipley£291,87524

Least Expensive Streets in Ripley

PostcodeStreetAreaAverageNo. of Sales
DE5 3EECrossley StreetRipley£80,00011
DE5 3ULChurch CroftRipley£88,2505
DE5 3EFPark RoadRipley£89,2005
DE5 9QDWhite GatesCodnor£96,5756
DE5 3DSPentrich RoadRipley£98,2503
DE5 3SYCarr WoodRipley£100,0003
DE5 9RQWright StreetCodnor£102,0559
DE5 8LADenby HouseDenby Bank£106,71414
DE5 3DDWood StreetRipley£108,4005
DE5 3LDAlfred StreetRipley£112,90411

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