15, SECOND AVENUE, RISLEY, DERBY, DE72 3SZ - £142,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

15 SECOND AVENUE is a very small semi-detached house of 84m², built sometime between 1950 and 1966. It was last sold for £142,500 in March 2020, which was around 41% below the average March 2020 detached price in the Erewash local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was B.

15 SECOND AVENUE Sold Prices

Land registry data shows four sales for 15 SECOND AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the four 15 SECOND AVENUE sales were for below 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
2020 2 MAR	£142,500	£241,870	41% below HPI
2016 26 FEB	£142,500	£205,513	31% below HPI
2006 13 APR	£133,000	£170,374	22% below HPI
1999 9 APR	£45,000	£68,405	34% below HPI

15 SECOND AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The four 15 SECOND AVENUE sales between April 1999 and March 2020 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 February 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 15 SECOND AVENUE?

15 SECOND AVENUE is 84m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of detached houses in Risley, based on EPC data. The below chart shows the distribution of detached houses by size in Risley, and where 15 SECOND AVENUE lies on this distribution: 8% of detached houses are smaller than 15 SECOND AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Risley.

15 SECOND AVENUE: Plot and Title Map

15 SECOND AVENUE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 15 SECOND AVENUE, 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 15 SECOND AVENUE). 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 15 SECOND AVENUE?

15 SECOND AVENUE is located in RISLEY, in the DE72 postcode district. The below map shows the position of No. 15 on SECOND AVENUE.