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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, 7, Spinnaker Close, Ripley is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,427 ft2 of internal area and sits on a 360 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Spinnaker Close, Ripley is £261,310 and the estimated rental value is £1,172 per month.
Spinnaker Close, Ripley, DE5 is located in the borough of Amber Valley within the DE5 postal district.
7, Spinnaker Close, Ripley has 2 entries in the Land Registry , most recently in February 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 7, Spinnaker Close, Ripley is in very good condition we estimate a sale value of £274,376 and a rental value of £1,231 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,018 and a rental value of £1,090 per month.
Over the last 12 months the sale value of 7 Spinnaker Close Ripley has decreased by an estimated £7,436 (2.8%) and its rental value has increased by an estimated £15 per month (1.3%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 7, Spinnaker Close, Ripley sits on a plot of 360m2.
We have plot size data on 9 out of 9 other houses in the postcode and 7, Spinnaker Close, Ripley sits on the largest plot.
According to HM Land Registry, 7, Spinnaker Close, Ripley was last sold on 1st February 2017 for £245,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2017, the market for similar properties has risen 61.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Spinnaker Close, Ripley within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 5, Spinnaker Close, Ripley, DE5 3UJ, a freehold house which sold for £273,750 on the 11th May 2018.
Read more about house prices in DE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spinnaker Close, Ripley, DE5 has a total of 34 addresses. According to our analysis of all the public data, 7, Spinnaker Close, Ripley is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £44k more expensive than the average property in DE5.
The closest station to 7, Spinnaker Close, Ripley is Alfreton station which is 4.8 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 7, Spinnaker Close, Ripley, 53.3% of property is privately owned with a mortgage and 20.7% is privately owned outright.
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 7, Spinnaker Close, Ripley, 24.4% of residents are recorded as possessing school level qualifications and 33.8% 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 7, Spinnaker 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 7, Spinnaker Close, Ripley, 0.3% 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 7, Spinnaker Close, Ripley, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
