3, NEWLANDS CLOSE, RIPLEY, DE5 3SL - £182,000

3 NEWLANDS CLOSE is a very small detached house of 52m², built sometime between 1996 and 2002. It was last sold for £182,000 in March 2018, which was around 24% below the average March 2018 detached price in the Amber Valley local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

3 NEWLANDS CLOSE Sold Prices

Land registry data shows two sales for 3 NEWLANDS 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 3 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
2018 9 MAR	£182,000	£239,918	24% below HPI
1999 22 OCT	£69,950	£77,947	10% below HPI

3 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 two 3 NEWLANDS CLOSE sales from October 1999 and March 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 October 1999 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 3 NEWLANDS CLOSE?

3 NEWLANDS CLOSE is 52m² according to the EPC inspection conducted in October 2017. 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 3 NEWLANDS CLOSE lies on this distribution: 1% of detached houses are smaller than 3 NEWLANDS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Ripley.

3 NEWLANDS CLOSE: Plot and Title Map

3 NEWLANDS CLOSE sits on a plot of roughly 0.050 of an acre, or 200m². The below map shows the location of 3 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 3 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 3 NEWLANDS CLOSE?

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