7, NEWLANDS CLOSE, RIPLEY, DE5 3SL - £272,000

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.

7 NEWLANDS CLOSE is a very small detached house of 67m², built sometime between 1991 and 1995, which could now be worth an estimated £291,855. It was last sold for £272,000 in November 2023, which was around 14% below the average November 2023 detached price in the Amber Valley local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

7 NEWLANDS CLOSE Sold Prices

Land registry data shows two sales for 7 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. One of the two 7 NEWLANDS 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
2023 30 NOV	£272,000	£316,760	14% below HPI
1999 18 JUN	£81,950	£73,971	11% above HPI

7 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 7 NEWLANDS CLOSE sales from June 1999 and November 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 June 1999 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 7 NEWLANDS CLOSE be worth now?

7 NEWLANDS CLOSE might now be worth an estimated £291,855.

This is based on house price inflation of 7.3%, between November 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 7.3% inflationary increase is applied to the most recent sale price for 7 NEWLANDS CLOSE of £272,000 on 30th November 2023. For the value to have increased from £272,000 to £291,855 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 NEWLANDS CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The November 2023 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 7 NEWLANDS CLOSE has not materially changed since November 2023.

How Large is 7 NEWLANDS CLOSE?

7 NEWLANDS CLOSE is 67m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 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 7 NEWLANDS CLOSE lies on this distribution: 10% of detached houses houses are smaller than 7 NEWLANDS CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Ripley.

7 NEWLANDS CLOSE: Plot and Title Map

7 NEWLANDS CLOSE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 7 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 7 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 7 NEWLANDS CLOSE?

7 NEWLANDS CLOSE is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 7 on NEWLANDS CLOSE.