29, SPINNAKER CLOSE, RIPLEY, DE5 3UJ - £119,000

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.

29 SPINNAKER CLOSE is a midsized flat of 60m², built sometime between 2007 and 2011, which could now be worth an estimated £124,079. It was last sold for £119,000 in June 2024, which was around 9% below the average June 2024 flat price in the Amber Valley local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was C.

29 SPINNAKER CLOSE Sold Prices

Land registry data shows five sales for 29 SPINNAKER CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Amber Valley local authority area for the corresponding sale date. Most of the five 29 SPINNAKER 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
2024 21 JUN	£119,000	£131,213	9% below HPI
2016 22 DEC	£27,760	£102,557	73% below HPI
2013 24 MAY	£71,000	£86,086	18% below HPI
2010 18 JUN	£94,000	£93,244	1% above HPI
2008 12 DEC	£97,000	£91,363	6% above HPI

What might 29 SPINNAKER CLOSE be worth now?

29 SPINNAKER CLOSE might now be worth an estimated £124,079.

This is based on house price inflation of 4.3%, between June 2024 and May 2026, for flats, 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 4.3% inflationary increase is applied to the most recent sale price for 29 SPINNAKER CLOSE of £119,000 on 21st June 2024. For the value to have increased from £119,000 to £124,079 over the two years and one month to May 2026, the following assumptions must hold true:

• The value of 29 SPINNAKER CLOSE has moved in line with the HPI for flats in the Amber Valley local authority area.
• The June 2024 sale price of £119,000 represented a fair market value for the property.
• The size, condition, and specification of 29 SPINNAKER CLOSE has not materially changed since June 2024.

How Large is 29 SPINNAKER CLOSE?

29 SPINNAKER CLOSE is 60m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 50% of flats in Ripley, based on EPC data. 40% of flats are smaller than 29 SPINNAKER CLOSE, and 51% of flats are larger. Note that EPC data is not available for all properties in Ripley.

29 SPINNAKER CLOSE: Plot

29 SPINNAKER CLOSE sits on a plot of roughly 0.040 of an acre, or 163m².

Where is 29 SPINNAKER CLOSE?

29 SPINNAKER CLOSE is located in RIPLEY, in the DE5 postcode district.