Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
24 RUSHY LANE is a small extended detached house of 121m², built sometime between 1930 and 1949. It was last sold for £290,000 in June 2022, which was around 4% below the average June 2022 detached price in the Erewash local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 24 RUSHY LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 24 RUSHY LANE 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 |
---|---|---|---|
2022 27 JUN | £290,000 | £302,377 | 4% below HPI |
2000 14 DEC | £72,000 | £80,371 | 10% below HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 24 RUSHY LANE sales from December 2000 and June 2022 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 December 2000 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.
24 RUSHY LANE is 121m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the smallest 40% of detached houses in Risley, based on EPC data. The below chart shows the distribution of detached houses by size in Risley, and where 24 RUSHY LANE lies on this distribution: 30% of detached houses are smaller than 24 RUSHY LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Risley.
24 RUSHY LANE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 24 RUSHY LANE, 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 24 RUSHY LANE). 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.
24 RUSHY LANE is located in RISLEY, in the DE72 postcode district. The below map shows the position of No. 24 on RUSHY LANE.