6, FORD CLOSE, RIPLEY, DE5 3RX - £183,500

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.

6 FORD CLOSE is a very small detached house of 50m², built sometime between 1967 and 1975, which could now be worth an estimated £250,822. It was last sold for £183,500 in August 2019, which was around 27% below the average August 2019 detached price in the Amber Valley local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

6 FORD CLOSE Sold Prices

Land registry data shows three sales for 6 FORD 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 6 FORD 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
2019 6 AUG	£183,500	£250,633	27% below HPI
2015 27 FEB	£130,000	£199,970	35% below HPI
2009 9 MAR	£147,950	£175,755	16% below HPI

6 FORD 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 6 FORD CLOSE sales between March 2009 and August 2019 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 February 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2019 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 6 FORD CLOSE be worth now?

6 FORD CLOSE might now be worth an estimated £250,822.

This is based on house price inflation of 36.7%, between August 2019 and August 2025, 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 36.7% inflationary increase is applied to the most recent sale price for 6 FORD CLOSE of £183,500 on 6th August 2019. For the value to have increased from £183,500 to £250,822 over the six years to August 2025, the following assumptions must hold true:

• The value of 6 FORD CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The August 2019 sale price of £183,500 represented a fair market value for the property.
• The size, condition, and specification of 6 FORD CLOSE has not materially changed since August 2019.

How Large is 6 FORD CLOSE?

6 FORD CLOSE is 50m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% 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 6 FORD CLOSE lies on this distribution: 1% of detached houses houses are smaller than 6 FORD CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Ripley.

6 FORD CLOSE: Plot and Title Map

6 FORD CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 6 FORD 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 6 FORD 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 6 FORD CLOSE?

6 FORD CLOSE is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 6 on FORD CLOSE.