1, RYEGRASS ROAD, OAKWOOD, DERBY, DE21 2TX - £213,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 RYEGRASS ROAD is a large detached house of 123m², built sometime between 1991 and 1995, which could now be worth an estimated £366,545. It was last sold for £213,500 in August 2011, which was around 14% above the average August 2011 detached price in the City of Derby local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

1 RYEGRASS ROAD Sold Prices

Land registry data shows three sales for 1 RYEGRASS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the three 1 RYEGRASS ROAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 19 AUG	£213,500	£187,946	14% above HPI
2003 14 NOV	£223,000	£161,369	38% above HPI
2001 14 SEP	£121,500	£97,295	25% above HPI

1 RYEGRASS ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The three 1 RYEGRASS ROAD sales between September 2001 and August 2011 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2003 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the August 2011 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 1 RYEGRASS ROAD be worth now?

1 RYEGRASS ROAD might now be worth an estimated £366,545.

This is based on house price inflation of 71.7%, between August 2011 and December 2024, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 71.7% inflationary increase is applied to the most recent sale price for 1 RYEGRASS ROAD of £213,500 on 19th August 2011. For the value to have increased from £213,500 to £366,545 over the twelve years and eight months to December 2024, the following assumptions must hold true:

• The value of 1 RYEGRASS ROAD has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The August 2011 sale price of £213,500 represented a fair market value for the property.
• The size, condition, and specification of 1 RYEGRASS ROAD has not materially changed since August 2011.

How Large is 1 RYEGRASS ROAD?

1 RYEGRASS ROAD is 123m² according to the EPC inspection conducted in April 2010. This puts it in the largest 40% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 1 RYEGRASS ROAD lies on this distribution: 67% of detached houses houses are smaller than 1 RYEGRASS ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 RYEGRASS ROAD: Plot and Title Map

1 RYEGRASS ROAD sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 1 RYEGRASS ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 RYEGRASS ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 RYEGRASS ROAD?

1 RYEGRASS ROAD is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 1 on RYEGRASS ROAD.