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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, The Paddocks, Ripley is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,698 ft2 of internal area and sits on a 1,241 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, The Paddocks, Ripley is £680,807 and the estimated rental value is £2,357 per month.
The Paddocks, Ripley, DE5 is located in the borough of Amber Valley within the DE5 postal district.
2, The Paddocks, Ripley has 21 entries in the Land Registry , most recently in December 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, The Paddocks, Ripley is in very good condition we estimate a sale value of £714,847 and a rental value of £2,475 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £633,150 and a rental value of £2,192 per month.
Over the last 12 months the sale value of 2 The Paddocks Ripley has decreased by an estimated £19,782 (2.9%) and its rental value has increased by an estimated £30 per month (1.3%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 2, The Paddocks, Ripley sits on a plot of 1241m2.
We have plot size data on 4 out of 4 other houses in the postcode and 2, The Paddocks, Ripley sits on the 2nd largest plot.
According to HM Land Registry, 2, The Paddocks, Ripley was last sold on 10th December 2008 for £492,999 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2008, the market for similar properties has risen 32.7%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 2, The Paddocks, Ripley within a radius of 670 metres over the last 2 years.
The most recent example is 4, The Paddocks, Ripley, DE5 3QR, a freehold house which sold for £600,000 on the 31st July 2019.
Read more about house prices in DE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Paddocks, Ripley, DE5 has a total of 4 addresses. According to our analysis of all the public data, 2, The Paddocks, Ripley is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £463k more expensive than the average property in DE5.
The closest station to 2, The Paddocks, Ripley is Langley Mill station which is 5.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, The Paddocks, Ripley, 46.5% of property is privately owned outright and 34.0% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, The Paddocks, Ripley, 9.3% of residents are recorded as possessing school level qualifications and 24.2% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, The Paddocks, Ripley, the average age was 43.4 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, The Paddocks, Ripley, 1.8% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, The Paddocks, Ripley, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
