31, MORLEYFIELDS CLOSE, RIPLEY, DE5 3UA - £220,000

31 MORLEYFIELDS CLOSE is a very small detached house of 48m², built sometime between 1976 and 1982. It was last sold for £220,000 in August 2022, which was around 29% below the average August 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

31 MORLEYFIELDS CLOSE Sold Prices

Land registry data shows three sales for 31 MORLEYFIELDS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 31 MORLEYFIELDS CLOSE 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
2022 19 AUG	£220,000	£311,641	29% below HPI
2020 20 NOV	£138,000	£272,362	49% below HPI
2009 10 SEP	£105,000	£181,949	42% below HPI

31 MORLEYFIELDS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 31 MORLEYFIELDS CLOSE sales between September 2009 and August 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2020 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the August 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 31 MORLEYFIELDS CLOSE?

31 MORLEYFIELDS CLOSE is 48m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses by size in Ripley, and where 31 MORLEYFIELDS CLOSE lies on this distribution: 1% of detached houses are smaller than 31 MORLEYFIELDS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Ripley.

31 MORLEYFIELDS CLOSE: Plot and Title Map

31 MORLEYFIELDS CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 31 MORLEYFIELDS CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 31 MORLEYFIELDS CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 31 MORLEYFIELDS CLOSE?

31 MORLEYFIELDS CLOSE is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 31 on MORLEYFIELDS CLOSE.