8, OAKLANDS CLOSE, DENBY VILLAGE, RIPLEY, DE5 8PB - £285,000

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

8 OAKLANDS CLOSE is a midsized extended detached house of 121m², built sometime between 1967 and 1975. It was last sold for £285,000 in September 2016, which was around 25% above the average September 2016 detached price in the Amber Valley local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was C.

8 OAKLANDS CLOSE Sold Prices

Land registry data shows two sales for 8 OAKLANDS 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 8 OAKLANDS 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
2016 26 SEP	£285,000	£228,004	25% above HPI
2011 28 SEP	£238,000	£185,414	28% above HPI

8 OAKLANDS 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 8 OAKLANDS CLOSE sales from September 2011 and September 2016 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 September 2011 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the September 2016 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 8 OAKLANDS CLOSE?

8 OAKLANDS CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the largest 50% of detached houses in Denby Village, based on EPC data. The below chart shows the distribution of detached houses by size in Denby Village, and where 8 OAKLANDS CLOSE lies on this distribution: 50% of detached houses are smaller than 8 OAKLANDS CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Denby Village.

8 OAKLANDS CLOSE: Plot and Title Map

8 OAKLANDS CLOSE sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 8 OAKLANDS 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 8 OAKLANDS 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 8 OAKLANDS CLOSE?

8 OAKLANDS CLOSE is located in DENBY VILLAGE, in the DE5 postcode district. The below map shows the position of No. 8 on OAKLANDS CLOSE.