1, MORLEYFIELDS CLOSE, RIPLEY, DE5 3UA - £155,000

1 MORLEYFIELDS CLOSE is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £155,000 in December 2016, which was around 32% below the average December 2016 detached price in the Amber Valley local authority area. The most recent EPC inspection was December 2015, where the current energy rating was F, and the potential energy rating was C.

1 MORLEYFIELDS CLOSE Sold Prices

Land registry data shows two sales for 1 MORLEYFIELDS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 1 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
2016 2 DEC	£155,000	£227,814	32% below HPI
2003 31 OCT	£137,000	£152,665	10% below HPI

1 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 two 1 MORLEYFIELDS CLOSE sales from October 2003 and December 2016 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 October 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 1 MORLEYFIELDS CLOSE?

1 MORLEYFIELDS CLOSE is 68m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 20% of detached houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses by size in Ripley, and where 1 MORLEYFIELDS CLOSE lies on this distribution: 12% of detached houses are smaller than 1 MORLEYFIELDS CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Ripley.

1 MORLEYFIELDS CLOSE: Plot and Title Map

1 MORLEYFIELDS CLOSE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 1 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 1 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 1 MORLEYFIELDS CLOSE?

1 MORLEYFIELDS CLOSE is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 1 on MORLEYFIELDS CLOSE.