38A, THE RIDINGS, OCKBROOK, DERBY, DE72 3SF - £470,000

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

38A THE RIDINGS is a large detached house of 125m², built sometime between 1967 and 1975. It was last sold for £470,000 in May 2015, which was around 141% above the average May 2015 detached price in the Erewash local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was A.

38A THE RIDINGS Sold Prices

Land registry data shows three sales for 38A THE RIDINGS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the three 38A THE RIDINGS 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
2015 1 MAY	£470,000	£194,667	141% above HPI
2008 23 JUL	£475,000	£180,903	163% above HPI
1998 29 MAY	£185,000	£68,372	171% above HPI

38A THE RIDINGS 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 three 38A THE RIDINGS sales between May 1998 and May 2015 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 July 2008 sale was for 163% above the HPI. So the extrapolation line tracks at 163% above the HPI over time, until the May 2015 sale, where it falls to 141% above the HPI. The line then continues to track at 141% above the HPI.

How Large is 38A THE RIDINGS?

38A THE RIDINGS is 125m² according to the EPC inspection conducted in November 2015. This puts it in the largest 30% of detached houses in Ockbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Ockbrook, and where 38A THE RIDINGS lies on this distribution: 70% of detached houses are smaller than 38A THE RIDINGS, and 29% of houses are larger. Note that EPC data is not available for all properties in Ockbrook.

38A THE RIDINGS: Plot and Title Map

38A THE RIDINGS sits on a plot of roughly 0.918 of an acre, or 3,717m². The below map shows the location of 38A THE RIDINGS, 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 38A THE RIDINGS). 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 38A THE RIDINGS?

38A THE RIDINGS is located in OCKBROOK, in the DE72 postcode district. The below map shows the position of No. 38A on THE RIDINGS.