1, SEVERN CLOSE, CODNOR, RIPLEY, DE5 9TZ - £207,995

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.

1 SEVERN CLOSE is a small detached house of 78m², built in 2022, which could now be worth an estimated £256,466. It was last sold for £207,995 in April 2021, which was around 25% below the average April 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2020, where the current energy rating was B, and the potential energy rating was A.

1 SEVERN CLOSE Sold Prices

Land registry data shows one sale for 1 SEVERN CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 9 APR	£207,995	£277,202	25% below HPI

What might 1 SEVERN CLOSE be worth now?

1 SEVERN CLOSE might now be worth an estimated £256,466.

This is based on house price inflation of 23.3%, between April 2021 and April 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 23.3% inflationary increase is applied to the most recent sale price for 1 SEVERN CLOSE of £207,995 on 9th April 2021. For the value to have increased from £207,995 to £256,466 over the five years to April 2026, the following assumptions must hold true:

• The value of 1 SEVERN CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The April 2021 sale price of £207,995 represented a fair market value for the property.
• The size, condition, and specification of 1 SEVERN CLOSE has not materially changed since April 2021.

How Large is 1 SEVERN CLOSE?

1 SEVERN CLOSE is 78m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses by size in Ripley, and where 1 SEVERN CLOSE lies on this distribution: 20% of detached houses are smaller than 1 SEVERN CLOSE, and 79% of detached houses are larger. Note that EPC data is not available for all properties in Ripley.

1 SEVERN CLOSE: Plot

1 SEVERN CLOSE sits on a plot of roughly 0.050 of an acre, or 203m².

Where is 1 SEVERN CLOSE?

1 SEVERN CLOSE is located in CODNOR, in the DE5 postcode district.