4, WICHAL FARM CLOSE, RIPLEY, DE5 8HQ - £215,000

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.

4 WICHAL FARM CLOSE is a midsized detached house of 106m², built sometime between 2003 and 2006, which could now be worth an estimated £369,463. It was last sold for £215,000 in June 2014, which was around 9% above the average June 2014 detached price in the Amber Valley local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

4 WICHAL FARM CLOSE Sold Prices

Land registry data shows three sales for 4 WICHAL FARM 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 4 WICHAL FARM 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
2014 10 JUN	£215,000	£197,786	9% above HPI
2005 27 MAY	£214,000	£182,118	18% above HPI
2003 18 DEC	£173,000	£154,392	12% above HPI

4 WICHAL FARM 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 4 WICHAL FARM CLOSE sales between December 2003 and June 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 May 2005 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2014 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 4 WICHAL FARM CLOSE be worth now?

4 WICHAL FARM CLOSE might now be worth an estimated £369,463.

This is based on house price inflation of 71.8%, between June 2014 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 71.8% inflationary increase is applied to the most recent sale price for 4 WICHAL FARM CLOSE of £215,000 on 10th June 2014. For the value to have increased from £215,000 to £369,463 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 4 WICHAL FARM CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The June 2014 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WICHAL FARM CLOSE has not materially changed since June 2014.

How Large is 4 WICHAL FARM CLOSE?

4 WICHAL FARM CLOSE is 106m² according to the EPC inspection conducted in March 2013. This puts it in the largest 50% 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 4 WICHAL FARM CLOSE lies on this distribution: 57% of detached houses houses are smaller than 4 WICHAL FARM CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Ripley.

4 WICHAL FARM CLOSE: Plot and Title Map

4 WICHAL FARM CLOSE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 4 WICHAL FARM 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 4 WICHAL FARM 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 4 WICHAL FARM CLOSE?

4 WICHAL FARM CLOSE is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 4 on WICHAL FARM CLOSE.