7, RIPLEY CLOSE, OUSTON, CHESTER LE STREET, DH2 1TR - £240,000

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

7 RIPLEY CLOSE is a small detached house of 100m². It was last sold for £240,000 in October 2020, which was around 37% above the average October 2020 detached price in the County Durham local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was B.

7 RIPLEY CLOSE Sold Prices

Land registry data shows two sales for 7 RIPLEY 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 County Durham local authority area for the corresponding sale date. Both of the two 7 RIPLEY 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
2020 30 OCT	£240,000	£175,528	37% above HPI
2017 30 JUN	£229,950	£166,031	38% above HPI

7 RIPLEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The two 7 RIPLEY CLOSE sales from June 2017 and October 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 2017 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the October 2020 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 7 RIPLEY CLOSE?

7 RIPLEY CLOSE is 100m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% of detached houses in Urpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Urpeth, and where 7 RIPLEY CLOSE lies on this distribution: 39% of detached houses are smaller than 7 RIPLEY CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Urpeth.

7 RIPLEY CLOSE: Plot and Title Map

7 RIPLEY CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 7 RIPLEY 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 RIPLEY 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 RIPLEY CLOSE?

7 RIPLEY CLOSE is located in OUSTON, in the DH2 postcode district. The below map shows the position of No. 7 on RIPLEY CLOSE.