2, OLD GATE CLOSE, CODNOR, RIPLEY, DE5 9SX - £215,000

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.

2 OLD GATE CLOSE is a very small semi-detached house of 71m², built in 2016, which could now be worth an estimated £240,516. It was last sold for £215,000 in March 2024, which was around 9% above the average March 2024 semi-detached price in the Amber Valley local authority area. The most recent EPC inspection was December 2017, where the current energy rating was B, and the potential energy rating was A.

2 OLD GATE CLOSE Sold Prices

Land registry data shows two sales for 2 OLD GATE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 2 OLD GATE 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
2024 14 MAR	£215,000	£196,946	9% above HPI
2019 25 JAN	£175,000	£152,780	15% above HPI

2 OLD GATE 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 two 2 OLD GATE CLOSE sales from January 2019 and March 2024 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 2019 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2024 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 OLD GATE CLOSE be worth now?

2 OLD GATE CLOSE might now be worth an estimated £240,516.

This is based on house price inflation of 11.9%, between March 2024 and July 2026, 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 11.9% inflationary increase is applied to the most recent sale price for 2 OLD GATE CLOSE of £215,000 on 14th March 2024. For the value to have increased from £215,000 to £240,516 over the one year and eight months to July 2026, the following assumptions must hold true:

• The value of 2 OLD GATE CLOSE has moved in line with the HPI for semi-detached houses in the Amber Valley local authority area.
• The March 2024 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OLD GATE CLOSE has not materially changed since March 2024.

How Large is 2 OLD GATE CLOSE?

2 OLD GATE CLOSE is 71m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 20% 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 2 OLD GATE CLOSE lies on this distribution: 13% of semi-detached houses houses are smaller than 2 OLD GATE CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Ripley.

2 OLD GATE CLOSE: Plot and Title Map

2 OLD GATE CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 2 OLD GATE 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 2 OLD GATE 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 2 OLD GATE CLOSE?

2 OLD GATE CLOSE is located in CODNOR, in the DE5 postcode district. The below map shows the position of No. 2 on OLD GATE CLOSE.