15, REDMOOR CLOSE, CODNOR, RIPLEY, DE5 9SJ - £122,000

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.

15 REDMOOR CLOSE is a small semi-detached house of 79m², built sometime between 1976 and 1982, which could now be worth an estimated £201,426. It was last sold for £122,000 in July 2007, which was around 8% below the average July 2007 semi-detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

15 REDMOOR CLOSE Sold Prices

Land registry data shows four sales for 15 REDMOOR CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Amber Valley local authority area for the corresponding sale date. All of the four 15 REDMOOR 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
2007 6 JUL	£122,000	£132,038	8% below HPI
2006 8 SEP	£112,000	£124,310	10% below HPI
2003 18 AUG	£82,950	£89,574	7% below HPI
1995 12 MAY	£37,000	£37,212	1% below HPI

15 REDMOOR CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Amber Valley local authority area over time, sourced from the HPI. The four 15 REDMOOR CLOSE sales between May 1995 and July 2007 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 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2007 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 15 REDMOOR CLOSE be worth now?

15 REDMOOR CLOSE might now be worth an estimated £201,426.

This is based on house price inflation of 65.1%, between July 2007 and February 2025, for semi-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 65.1% inflationary increase is applied to the most recent sale price for 15 REDMOOR CLOSE of £122,000 on 6th July 2007. For the value to have increased from £122,000 to £201,426 over the eighteen years and five months to February 2025, the following assumptions must hold true:

• The value of 15 REDMOOR CLOSE has moved in line with the HPI for semi-detached houses in the Amber Valley local authority area.
• The July 2007 sale price of £122,000 represented a fair market value for the property.
• The size, condition, and specification of 15 REDMOOR CLOSE has not materially changed since July 2007.

How Large is 15 REDMOOR CLOSE?

15 REDMOOR CLOSE is 79m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of semi-detached houses houses in Ripley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ripley, and where 15 REDMOOR CLOSE lies on this distribution: 22% of semi-detached houses houses are smaller than 15 REDMOOR CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Ripley.

15 REDMOOR CLOSE: Plot and Title Map

15 REDMOOR CLOSE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 15 REDMOOR 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 15 REDMOOR 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 15 REDMOOR CLOSE?

15 REDMOOR CLOSE is located in CODNOR, in the DE5 postcode district. The below map shows the position of No. 15 on REDMOOR CLOSE.