23, CHANCERY CLOSE, RIPLEY, DE5 3UT - £365,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 CHANCERY CLOSE is a very large detached house of 128m², which could now be worth an estimated £393,708. It was last sold for £365,000 in May 2023, which was around 16% above the average May 2023 detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2019, where the current energy rating was B, and the potential energy rating was A.

23 CHANCERY CLOSE Sold Prices

Land registry data shows three sales for 23 CHANCERY 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 23 CHANCERY CLOSE sales were for above 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
2023 19 MAY	£365,000	£315,099	16% above HPI
2020 14 AUG	£280,000	£261,760	7% above HPI
2019 26 JUL	£295,000	£248,586	19% above HPI

23 CHANCERY 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 23 CHANCERY CLOSE sales between July 2019 and May 2023 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 August 2020 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2023 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 23 CHANCERY CLOSE be worth now?

23 CHANCERY CLOSE might now be worth an estimated £393,708.

This is based on house price inflation of 7.9%, between May 2023 and February 2025, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.9% inflationary increase is applied to the most recent sale price for 23 CHANCERY CLOSE of £365,000 on 19th May 2023. For the value to have increased from £365,000 to £393,708 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 23 CHANCERY CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The May 2023 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CHANCERY CLOSE has not materially changed since May 2023.

How Large is 23 CHANCERY CLOSE?

23 CHANCERY CLOSE is 128m² according to the EPC inspection conducted in July 2019. This puts it in the largest 20% of detached houses houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ripley, and where 23 CHANCERY CLOSE lies on this distribution: 80% of detached houses houses are smaller than 23 CHANCERY CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Ripley.

23 CHANCERY CLOSE: Plot and Title Map

23 CHANCERY CLOSE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 23 CHANCERY 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 23 CHANCERY 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 23 CHANCERY CLOSE?

23 CHANCERY CLOSE is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 23 on CHANCERY CLOSE.