24, RUSHY LANE, RISLEY, DERBY, DE72 3SW - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 RUSHY LANE is a small extended detached house of 121m², built sometime between 1930 and 1949, which could now be worth an estimated £296,757. It was last sold for £290,000 in June 2022, which was around 7% 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.

24 RUSHY LANE Sold Prices

Land registry data shows two sales for 24 RUSHY LANE since 1^st 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	£311,739	7% below HPI
2000 14 DEC	£72,000	£82,860	13% below HPI

24 RUSHY LANE 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 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 24 RUSHY LANE be worth now?

24 RUSHY LANE might now be worth an estimated £296,757.

This is based on house price inflation of 2.3%, between June 2022 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.3% inflationary increase is applied to the most recent sale price for 24 RUSHY LANE of £290,000 on 27th June 2022. For the value to have increased from £290,000 to £296,757 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 24 RUSHY LANE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The June 2022 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 24 RUSHY LANE has not materially changed since June 2022.

How Large is 24 RUSHY LANE?

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 houses in Risley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Risley, and where 24 RUSHY LANE lies on this distribution: 30% of detached houses 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: Plot and Title Map

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.

Where is 24 RUSHY LANE?

24 RUSHY LANE is located in RISLEY, in the DE72 postcode district. The below map shows the position of No. 24 on RUSHY LANE.