1, NEWLANDS CLOSE, RIPLEY, DE5 3SL - £160,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 NEWLANDS CLOSE is a very small detached house of 52m², built sometime between 1996 and 2002. It was last sold for £160,000 in March 2014, which was around 18% below the average March 2014 detached price in the Amber Valley local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

1 NEWLANDS CLOSE Sold Prices

Land registry data shows three sales for 1 NEWLANDS 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 1 NEWLANDS 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
2014 7 MAR	£160,000	£196,262	18% below HPI
2004 8 APR	£143,000	£164,632	13% below HPI
2000 12 JAN	£69,950	£78,604	11% below HPI

1 NEWLANDS 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 1 NEWLANDS CLOSE sales between January 2000 and March 2014 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 April 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 1 NEWLANDS CLOSE?

1 NEWLANDS CLOSE is 52m² according to the EPC inspection conducted in November 2012. 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 1 NEWLANDS CLOSE lies on this distribution: 1% of detached houses are smaller than 1 NEWLANDS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Ripley.

1 NEWLANDS CLOSE: Plot and Title Map

1 NEWLANDS CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 1 NEWLANDS 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 NEWLANDS 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 NEWLANDS CLOSE?

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