5, RYEGRASS ROAD, OAKWOOD, DERBY, DE21 2TX - £350,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 RYEGRASS ROAD is a midsized detached house of 113m², built sometime between 1983 and 1990, which could now be worth an estimated £400,474. It was last sold for £350,000 in February 2022, which was around 24% above the average February 2022 detached price in the City of Derby local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

5 RYEGRASS ROAD Sold Prices

Land registry data shows four sales for 5 RYEGRASS ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the four 5 RYEGRASS ROAD 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 11 FEB	£350,000	£282,005	24% above HPI
2016 15 AUG	£287,500	£225,719	27% above HPI
2015 6 AUG	£280,000	£213,769	31% above HPI
2006 14 NOV	£241,500	£200,172	21% above HPI

5 RYEGRASS ROAD 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 four 5 RYEGRASS ROAD sales between November 2006 and February 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 August 2016 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the February 2022 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 5 RYEGRASS ROAD be worth now?

5 RYEGRASS ROAD might now be worth an estimated £400,474.

This is based on house price inflation of 14.4%, between February 2022 and December 2024, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.4% inflationary increase is applied to the most recent sale price for 5 RYEGRASS ROAD of £350,000 on 11th February 2022. For the value to have increased from £350,000 to £400,474 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of 5 RYEGRASS ROAD has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The February 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RYEGRASS ROAD has not materially changed since February 2022.

How Large is 5 RYEGRASS ROAD?

5 RYEGRASS ROAD is 113m² according to the EPC inspection conducted in April 2015. This puts it in the largest 50% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 5 RYEGRASS ROAD lies on this distribution: 56% of detached houses houses are smaller than 5 RYEGRASS ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Derby.

5 RYEGRASS ROAD: Plot and Title Map

5 RYEGRASS ROAD sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 5 RYEGRASS ROAD, 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 5 RYEGRASS ROAD). 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 5 RYEGRASS ROAD?

5 RYEGRASS ROAD is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 5 on RYEGRASS ROAD.