Michaels Wood Ridgeway Lane

    MICHAELS WOOD, RIDGEWAY LANE, NETHER HEAGE, BELPER, DE56 2JT

    This detached freehold property on Ridgeway Lane last sold in August 2025 for £375,000. Based on price growth in the DE56 district since then, its estimated current value is £375,000 — placing it in the 63rd percentile nationally and the 76th percentile within DE56. The property covers 148 m² (1,593 sq ft), giving an estimated value of £2,534 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    148 m²

    (1,593 sq ft)

    Last Sale Price

    £375,000

    Aug 2025

    Estimated Valuation

    £375,000

    Est. £/m²

    £2,534/m²

    £235/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2022
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialB
    Floor area148 m² (1,593 sq ft)
    EPC dateJan 2025
    WallsAverage thermal transmittance 0.2 W/m
    HeatingAir source heat pump, underfloor, electric

    Transaction History

    8 Aug 2025

    £375,000

    Key Metrics

    Estimated valuation£375,000
    Value per m² / sq ft£2,534/m² (£235/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DE56 district percentile76th percentile
    National percentile63rd percentile

    District Context — DE56

    DE56 covers south Derbyshire, centred on Swadlincote and surrounding villages in the heart of the National Forest. It is a family-oriented area with strong owner-occupation, appealing to those seeking semi-rural living within commuting distance of major employment centres.

    Average Property Price - DE56

    £305,449

    43

    National percentile

    Average Net Household Income - DE56

    £41,067

    62

    National percentile

    10-Year Annualised Price Growth - DE56

    3.5%

    47

    National percentile

    10-Year Annualised Rent Growth - DE

    4.2%

    63

    National percentile

    View full analysis for DE56

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