16, PARGATE CLOSE, MAREHAY, RIPLEY, DE5 8JU - £203,000

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.

16 PARGATE CLOSE is a very small detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £348,992. It was last sold for £203,000 in June 2007, which was around 2% above the average June 2007 detached price in the Amber Valley local authority area. The most recent EPC inspection was March 2026, where the current energy rating was C, and the potential energy rating was B.

16 PARGATE CLOSE Sold Prices

Land registry data shows three sales for 16 PARGATE 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 16 PARGATE 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
2007 8 JUN	£203,000	£199,695	2% above HPI
2006 18 JAN	£187,500	£180,111	4% above HPI
2000 30 JUN	£94,450	£78,210	21% above HPI

16 PARGATE 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 16 PARGATE CLOSE sales between June 2000 and June 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 January 2006 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2007 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 16 PARGATE CLOSE be worth now?

16 PARGATE CLOSE might now be worth an estimated £348,992.

This is based on house price inflation of 71.9%, between June 2007 and May 2026, 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 71.9% inflationary increase is applied to the most recent sale price for 16 PARGATE CLOSE of £203,000 on 8th June 2007. For the value to have increased from £203,000 to £348,992 over the nineteen years and one month to May 2026, the following assumptions must hold true:

• The value of 16 PARGATE CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The June 2007 sale price of £203,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PARGATE CLOSE has not materially changed since June 2007.

How Large is 16 PARGATE CLOSE?

16 PARGATE CLOSE is 77m² according to the EPC inspection conducted in March 2026. 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 16 PARGATE CLOSE lies on this distribution: 20% of detached houses houses are smaller than 16 PARGATE CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Ripley.

16 PARGATE CLOSE: Plot and Title Map

16 PARGATE CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 16 PARGATE 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 16 PARGATE 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 16 PARGATE CLOSE?

16 PARGATE CLOSE is located in MAREHAY, in the DE5 postcode district. The below map shows the position of No. 16 on PARGATE CLOSE.