68, Pit Lane
68, Pit Lane
Description & Estimates
68, Pit Lane, Ripley is recorded publicly as a modern freehold house across 742 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 68, Pit Lane, Ripley is £184,408 and its rental estimate is £910 per month, given the available information and assuming reasonable condition.
Pit Lane, Waingroves, Ripley, DE5 falls within the DE5 postal district, in the borough of Amber Valley.
Our Data Sources
68, Pit Lane, Ripley has 71 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated May 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 68, Pit Lane, Ripley, we estimate a market value of £193,629 and a rental value of £955 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £171,500 and £846 per month respectively.
Recent Market Change
Over the last year, 68, Pit Lane, Ripley has seen its estimated sale value decline by £4,030 (2.2%) and its estimated rental value climb by £15 per month (1.6%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
68, Pit Lane, Ripley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 May 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 68, Pit Lane, Ripley completed on 17th December 2020 at £145,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 7 times.
Values of comparable properties have risen by 29.1% over the period since December 2020.
- Sold Dec 2020£145,000
- Sold Aug 2017£132,000
- Sold Apr 2015£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 68, Pit Lane, Ripley have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th August 2024, was 31, Quenby Lane, Ripley, DE5 3NN, a freehold house which sold for £177,000.
Read more about house prices in DE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 27 addresses on Pit Lane, Waingroves, Ripley, DE5, 68, Pit Lane, Ripley comes out as the 16th largest and the 16th most expensive in our analysis of the public data.
It is also £34k less expensive than the average property across the DE5 district.
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Schools Nearby
- 400mRipley St John's Church of England Primary School and Nursery
- 800mRipley Junior School
- 800mRipley Infant School
- 600mThe Ripley Academy
- 2.8kmSwanwick Hall School
- 3.9kmJohn Flamsteed Community School
More reading links
Public Transport Nearby
From 68, Pit Lane, Ripley, the nearest station is Ambergate, 5.5 kilometres away.
- 5.5kmAmbergate
- 5.7kmLangley Mill
- 6.1kmBelper
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
