18, MORLEYFIELDS CLOSE, RIPLEY, DE5 3UA - £220,000

18 MORLEYFIELDS CLOSE is a very small detached house of 72m², built sometime between 1976 and 1982. It was last sold for £220,000 in August 2020, which was around 17% below the average August 2020 detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

18 MORLEYFIELDS CLOSE Sold Prices

Land registry data shows two sales for 18 MORLEYFIELDS 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 18 MORLEYFIELDS 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
2020 14 AUG	£220,000	£266,399	17% below HPI
1997 22 AUG	£54,000	£69,502	22% below HPI

18 MORLEYFIELDS 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 18 MORLEYFIELDS CLOSE sales from August 1997 and August 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 August 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 18 MORLEYFIELDS CLOSE?

18 MORLEYFIELDS CLOSE is 72m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses by size in Ripley, and where 18 MORLEYFIELDS CLOSE lies on this distribution: 16% of detached houses are smaller than 18 MORLEYFIELDS CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ripley.

18 MORLEYFIELDS CLOSE: Plot and Title Map

18 MORLEYFIELDS CLOSE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 18 MORLEYFIELDS 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 18 MORLEYFIELDS 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 18 MORLEYFIELDS CLOSE?

18 MORLEYFIELDS CLOSE is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 18 on MORLEYFIELDS CLOSE.