2, RUTHERFORD RISE, OAKWOOD, DERBY, DE21 2JD - £143,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 RUTHERFORD RISE is a very small detached house of 46m², built sometime between 1976 and 1982. It was last sold for £143,000 in March 2012, which was around 21% below the average March 2012 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

2 RUTHERFORD RISE Sold Prices

Land registry data shows two sales for 2 RUTHERFORD RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 2 RUTHERFORD RISE 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
2012 23 MAR	£143,000	£180,007	21% below HPI
2011 25 AUG	£120,000	£187,687	36% below HPI

2 RUTHERFORD RISE 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 two 2 RUTHERFORD RISE sales from August 2011 and March 2012 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 August 2011 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2012 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 RUTHERFORD RISE?

2 RUTHERFORD RISE is 46m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 2 RUTHERFORD RISE lies on this distribution: Less than 1% of detached houses are smaller than 2 RUTHERFORD RISE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 RUTHERFORD RISE: Plot and Title Map

2 RUTHERFORD RISE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 2 RUTHERFORD RISE, 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 2 RUTHERFORD RISE). 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 2 RUTHERFORD RISE?

2 RUTHERFORD RISE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 2 on RUTHERFORD RISE.