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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Old Gate Close, Ripley is a modern freehold house with 764 ft2 of internal area and sits on a 242 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Old Gate Close, Ripley is £218,668 and the estimated rental value is £942 per month.
Old Gate Close, Codnor, Ripley, DE5 is located in the borough of Amber Valley within the DE5 postal district.
2, Old Gate Close, Ripley has 2 entries in the Land Registry , most recently in March 2024 and a single entry in the EPC database dated December 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Old Gate Close, Ripley is in very good condition we estimate a sale value of £229,602 and a rental value of £989 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,361 and a rental value of £876 per month.
Over the last 12 months the sale value of 2 Old Gate Close Ripley has decreased by an estimated £4,881 (2.2%) and its rental value has increased by an estimated £18 per month (1.9%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 2, Old Gate Close, Ripley sits on a plot of 242m2.
We have plot size data on 3 out of 3 other houses in the postcode and 2, Old Gate Close, Ripley sits on the 3rd largest plot.
2, Old Gate Close, Ripley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Dec 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Old Gate Close, Ripley was last sold on 14th March 2024 for £215,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2024, the market for similar properties has risen 26.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Old Gate Close, Ripley within a radius of 870 metres over the last 2 years.
The most recent example is 5, Brookfield Close, Ripley, DE5 9PP, a freehold house which sold for £240,000 on the 20th May 2024.
Read more about house prices in DE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Gate Close, Codnor, Ripley, DE5 has a total of 3 addresses. According to our analysis of all the public data, 2, Old Gate Close, Ripley is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £1k more expensive than the average property in DE5.
The closest station to 2, Old Gate Close, Ripley is Langley Mill station which is 4.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Old Gate Close, Ripley, 44.0% of property is privately owned outright and 38.4% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Old Gate Close, Ripley, 8.7% of residents are recorded as possessing school level qualifications and 15.5% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Old Gate Close, Ripley, the average age was 43.4 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Old Gate Close, Ripley, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Old Gate Close, Ripley, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
