3A, SECOND AVENUE, RISLEY, DERBY, DE72 3SZ - £395,000

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

3A SECOND AVENUE is a midsized detached house of 134m², built sometime between 2003 and 2006. It was last sold for £395,000 in January 2022, which was around 37% above the average January 2022 detached price in the Erewash local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

3A SECOND AVENUE Sold Prices

Land registry data shows four sales for 3A 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 3A SECOND AVENUE 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
2022 7 JAN	£395,000	£289,257	37% above HPI
2009 27 NOV	£285,000	£168,796	69% above HPI
2007 16 JUL	£280,000	£183,723	52% above HPI
2004 26 AUG	£210,000	£171,010	23% above HPI

3A 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 3A SECOND AVENUE sales between August 2004 and January 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 November 2009 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the January 2022 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 3A SECOND AVENUE?

3A SECOND AVENUE is 134m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 50% of detached houses in Risley, based on EPC data. The below chart shows the distribution of detached houses by size in Risley, and where 3A SECOND AVENUE lies on this distribution: 44% of detached houses are smaller than 3A SECOND AVENUE, and 56% of houses are larger. Note that EPC data is not available for all properties in Risley.

3A SECOND AVENUE: Plot and Title Map

3A SECOND AVENUE sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 3A 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 3A 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 3A SECOND AVENUE?

3A SECOND AVENUE is located in RISLEY, in the DE72 postcode district. The below map shows the position of No. 3A on SECOND AVENUE.