2B, MORLEYFIELDS CLOSE, RIPLEY, DE5 3UA - £203,500

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

2B MORLEYFIELDS CLOSE is a small detached house of 85m², built sometime between 1976 and 1982. It was last sold for £203,500 in January 2020, which was around 21% below the average January 2020 detached price in the Amber Valley local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

2B MORLEYFIELDS CLOSE Sold Prices

Land registry data shows three sales for 2B 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 2B 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
2020 3 JAN	£203,500	£258,535	21% below HPI
2015 26 JUN	£156,000	£208,932	25% below HPI
2009 20 NOV	£145,000	£186,099	22% below HPI

2B 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 2B MORLEYFIELDS CLOSE sales between November 2009 and January 2020 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 June 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2B MORLEYFIELDS CLOSE?

2B MORLEYFIELDS CLOSE is 85m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% of detached houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses by size in Ripley, and where 2B MORLEYFIELDS CLOSE lies on this distribution: 30% of detached houses are smaller than 2B MORLEYFIELDS CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Ripley.

2B MORLEYFIELDS CLOSE: Plot and Title Map

2B MORLEYFIELDS CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 2B 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 2B 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 2B MORLEYFIELDS CLOSE?

2B MORLEYFIELDS CLOSE is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 2B on MORLEYFIELDS CLOSE.