# 4 bedroom detached house for sale (DE5 8JU) ## Property Details | Key | Value | |-----|-------| | Address | 12 PARGATE CLOSE, RIPLEY, MAREHAY, DERBYSHIRE DE5 8JU | | Price | £300,000 | | Bedrooms | 4 | | Bathrooms | 2 | | Council tax | D | | Last sold | £285,000 Dec 2024 | ## Description **SUMMARY** Burchell Edwards are excited to present this delightful, four bedroom, detached family home located on the desirable cul de sac of Pargate Close, Marehay, Ripley! The property is sold with no onward chain! **DESCRIPTION** Burchell Edwards are excited to present this delightful, four bedroom, detached family home located on the desirable cul de sac of Pargate Close, Marehay, Ripley! The property is sold with no onward chain! Marehay is a sought after destination close to beautiful countryside and the convenient amenities of Ripley. Major road networks including the A38, A610 and M1 are a short driving distance away. To the ground floor, there is a welcoming entrance hallway, guest WC, lounge, dining room, kitchen, and utility room providing access to the garage. To the first floor you will find four bedrooms with en suite to the master, and family bathroom. Outside, to the front there is block paved driveway providing off road parking leading to the garage, as well as a lawn, borders for plants and shrubs, and low hedge boundary to the front for privacy. The generous rear garden is mostly laid to lawn, with borders for plants and shrubs. Viewings are highly advised to appreciate this spacious property! Call Burchell Edwards today for more information! **Entrance Hall**  Having a front elevation double glazed door, an understairs storage cupboard, a ceiling light, a radiator, and is carpeted. **Cloakroom**  Having a double glazed window, having a W.C, a wash hand basin, splashback tiling, a radiator, and a ceiling light. **Living Room** 13' 11" Max to door x 10' 3" ( 4.24m Max to door x 3.12m ) Having a front elevation double glazed window, a ceiling light, a gas fire with a hearth and mantel piece, a radiator, and is carpeted. With double doors leading to: **Dining Room** 11' 11" x 9' 6" ( 3.63m x 2.90m ) Having rear elevation double glazed French doors, a ceiling light, a radiator, and is carpeted. **Kitchen** 12' 9" x 9' 2" ( 3.89m x 2.79m ) Having a rear elevation double glazed window, fitted wall and base units, work surfaces, integrated electric oven, gas hob, cooker hood, a one and a half sink/drainer, splashback tiling, a ceiling light, and vinyl flooring. **Utility Room** 5' 3" x 5' 2" max into recess ( 1.60m x 1.57m max into recess ) Having a single base unit, work surface over, splashback tiling, ceiling light, a radiator, a door accessing the garage, and tiled flooring. **Landing**  Having a double glaze window, an airing cupboard, access to the loft, a ceiling light, and is carpeted. **Bedroom One** 11' 9" max to door x 11' 9" ( 3.58m max to door x 3.58m ) Having a rear elevation double glazed window, a fitted wardrobe, a ceiling light, a radiator, and is carpeted. **Ensuite**  Having a double glazed window, a shower cubicle, a W.C, a wash hand basin, splashback tiling, a ceiling light, an extractor fan, and a radiator. **Bedroom Two** 11' 8" x 8' 3" Max to door ( 3.56m x 2.51m Max to door ) Having a double glazed window, a ceiling light, a radiator, and is carpeted. **Bedroom Three** 10' 10" x 10' 5" Max to door ( 3.30m x 3.17m Max to door ) Having a front elevation double glazed window, a ceiling light, a radiator, and is carpeted. **Bedroom Four** 8' 8" x 6' 6" ( 2.64m x 1.98m ) Having a front elevation double glazed window, a ceiling light, a radiator, and is carpeted. **Bathroom**  Having a double glazed window, a bath with a mixer tap, a W.C, a wash hand basin, splashback tiling, an extractor fan, a ceiling light, a shaving point, **Outside**  Externally the property is set back from the road with a laid lawn and a hedge for privacy, having a block paved drive leading to the garage. To the rear there is a laid lawn, planting borders, a shed, and the garden is enclosed by fence boundaries. 1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2. These particulars do not constitute part or all of an offer or contract. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4. Potential buyers are advised to recheck the measurements before committing to any expense. 5. Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6. Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor. ## Property Photos - ![Photo](/listings/photos/146818526/246294) - ![Photo](/listings/photos/146818526/246295) - ![Photo](/listings/photos/146818526/246296) - ![Photo](/listings/photos/146818526/246297) - ![Photo](/listings/photos/146818526/246298) - ![Photo](/listings/photos/146818526/246299) - ![Photo](/listings/photos/146818526/246300) - ![Photo](/listings/photos/146818526/246301) - ![Photo](/listings/photos/146818526/246302) - ![Photo](/listings/photos/146818526/246303) - ![Photo](/listings/photos/146818526/246304) - ![Photo](/listings/photos/146818526/246305) - ![Photo](/listings/photos/146818526/246306) - ![Photo](/listings/photos/146818526/246307) - ![Photo](/listings/photos/146818526/246308) ## Floorplans - ![Floorplan 1](/listings/photos/146818526/246309) - Floorplan 1 ## EPC Graphs - ![EPC](/listings/photos/146818526/246310) - EPC ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 12 PARGATE CLOSE, MAREHAY, RIPLEY, AMBER VALLEY, DERBYSHIRE, DE5 8JU | £285,000 | 16/12/2024 | Detached | | 12 PARGATE CLOSE, MAREHAY, RIPLEY, AMBER VALLEY, DERBYSHIRE, DE5 8JU | £92,950 | 21/07/2000 | Detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 43 UPPER MAREHAY ROAD, MAREHAY, RIPLEY, AMBER VALLEY, DERBYSHIRE, DE5 8JF | £250,000 | 13/10/2023 | Detached | | 15 LATHKILL DRIVE, MAREHAY, RIPLEY, AMBER VALLEY, DERBYSHIRE, DE5 8HW | £290,000 | 07/10/2022 | Detached | | [Same street] 5 PARGATE CLOSE, MAREHAY, RIPLEY, AMBER VALLEY, DERBYSHIRE, DE5 8JU | £400,000 | 17/02/2022 | Detached | | 6 DENBY BANK, MAREHAY, RIPLEY, AMBER VALLEY, DERBYSHIRE, DE5 8LD | £229,950 | 10/02/2022 | Detached | | 115 DENBY BANK, MAREHAY, RIPLEY, AMBER VALLEY, DERBYSHIRE, DE5 8LB | £140,000 | 21/12/2021 | Detached | | 11 UPPER MAREHAY ROAD, MAREHAY, RIPLEY, AMBER VALLEY, DERBYSHIRE, DE5 8JF | £234,000 | 03/12/2021 | Detached | | 1 GRACE GARDENS, MAREHAY, RIPLEY, AMBER VALLEY, DERBYSHIRE, DE5 8AR | £234,000 | 19/11/2021 | Detached | | 109 WARMWELLS LANE, MAREHAY, RIPLEY, AMBER VALLEY, DERBYSHIRE, DE5 8JE | £310,000 | 15/10/2021 | Detached | | 300 DERBY ROAD, MAREHAY, RIPLEY, AMBER VALLEY, DERBYSHIRE, DE5 8JN | £435,000 | 25/06/2021 | Detached | | 4 GRACE GARDENS, MAREHAY, RIPLEY, AMBER VALLEY, DERBYSHIRE, DE5 8AR | £288,000 | 25/06/2021 | Detached | **Street average:** £400,000 (1 sale) **Area average:** £267,883 (9 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £332,271 (36 Detached, DE5, 2024–2026) - **Deviation:** -9.7% ## Rental Range *ONS Price Index of Private Rents (Amber Valley). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £708/mo - **Realistic:** £787/mo - **Optimistic:** £866/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Derby (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £932/mo ## 1% Rule - **Rent ratio:** 0.26% (weak for cashflow) - **Max investor price (0.8%):** £98,375 - **Target investor price (1%):** £78,700 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 47.4% - **10y growth:** 80.5% ## House Price Index (HM Land Registry) *Official index for Amber Valley; Detached series; as of March 2026.* - **1y growth (index):** 2.7% - **5y growth (index):** 21.1% - **10y growth (index):** 59.7% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)