3, MORLEYFIELDS CLOSE, RIPLEY, DE5 3UA - £177,000

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

3 MORLEYFIELDS CLOSE is a very small detached house of 76m², built sometime between 1976 and 1982. It was last sold for £177,000 in December 2018, which was around 28% below the average December 2018 detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

3 MORLEYFIELDS CLOSE Sold Prices

Land registry data shows two sales for 3 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. One of the two 3 MORLEYFIELDS CLOSE sales was for below the average price, whilst the other was 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
2018 14 DEC	£177,000	£247,498	28% below HPI
1999 11 JUN	£78,950	£75,282	5% above HPI

3 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 3 MORLEYFIELDS CLOSE sales from June 1999 and December 2018 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 1999 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 MORLEYFIELDS CLOSE?

3 MORLEYFIELDS CLOSE is 76m² according to the EPC inspection conducted in July 2018. 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 3 MORLEYFIELDS CLOSE lies on this distribution: 20% of detached houses are smaller than 3 MORLEYFIELDS CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Ripley.

3 MORLEYFIELDS CLOSE: Plot and Title Map

3 MORLEYFIELDS CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 3 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 3 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 3 MORLEYFIELDS CLOSE?

3 MORLEYFIELDS CLOSE is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 3 on MORLEYFIELDS CLOSE.