In reply to tony: my first bike was ill fitting as it was an off the peg bike that was to fit the "average" person. It needed a longer stem and wider bars to fit me properly of which the bike shop didn't offer.
As a contrast my last bike I built myself is a frame size bigger as a longer stem and wider bars. Completely different ride, so much more comfortable than being cramped.
Do your research and then commit although do it quickly as I'm not sure how much longer ribble are doing that price.
I'd opt for the compact living where you do as well.