4, MORLEYFIELDS CLOSE, RIPLEY, DE5 3UA - £195,000

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.

4 MORLEYFIELDS CLOSE is a small detached house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £274,686. It was last sold for £195,000 in July 2018, which was around 20% below the average July 2018 detached price in the Amber Valley local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

4 MORLEYFIELDS CLOSE Sold Prices

Land registry data shows one sale for 4 MORLEYFIELDS 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
2018 13 JUL	£195,000	£243,716	20% below HPI

What might 4 MORLEYFIELDS CLOSE be worth now?

4 MORLEYFIELDS CLOSE might now be worth an estimated £274,686.

This is based on house price inflation of 40.9%, between July 2018 and May 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 40.9% inflationary increase is applied to the most recent sale price for 4 MORLEYFIELDS CLOSE of £195,000 on 13th July 2018. For the value to have increased from £195,000 to £274,686 over the eight years and two months to May 2026, the following assumptions must hold true:

• The value of 4 MORLEYFIELDS CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The July 2018 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MORLEYFIELDS CLOSE has not materially changed since July 2018.

How Large is 4 MORLEYFIELDS CLOSE?

4 MORLEYFIELDS CLOSE is 88m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% of detached houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses by size in Ripley, and where 4 MORLEYFIELDS CLOSE lies on this distribution: 35% of detached houses are smaller than 4 MORLEYFIELDS CLOSE, and 64% of detached houses are larger. Note that EPC data is not available for all properties in Ripley.

4 MORLEYFIELDS CLOSE: Plot

4 MORLEYFIELDS CLOSE sits on a plot of roughly 0.082 of an acre, or 330m².

Where is 4 MORLEYFIELDS CLOSE?

4 MORLEYFIELDS CLOSE is located in RIPLEY, in the DE5 postcode district.