78, DERBY ROAD, RISLEY, DERBY, DE72 3SU - £370,000

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.

78 DERBY ROAD is a large extended detached house of 157m², built sometime between 1930 and 1949, which could now be worth an estimated £678,301. It was last sold for £370,000 in February 2012, which was around 113% above the average February 2012 detached price in the Erewash local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

78 DERBY ROAD Sold Prices

Land registry data shows two sales for 78 DERBY ROAD 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 78 DERBY 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
2012 10 FEB	£370,000	£174,010	113% above HPI
1996 23 OCT	£115,000	£63,324	82% above HPI

78 DERBY ROAD 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 78 DERBY ROAD sales from October 1996 and February 2012 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 October 1996 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the February 2012 sale, where it rises to 113% above the HPI. The line then continues to track at 113% above the HPI.

What might 78 DERBY ROAD be worth now?

78 DERBY ROAD might now be worth an estimated £678,301.

This is based on house price inflation of 83.3%, between February 2012 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 83.3% inflationary increase is applied to the most recent sale price for 78 DERBY ROAD of £370,000 on 10th February 2012. For the value to have increased from £370,000 to £678,301 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of 78 DERBY ROAD has moved in line with the HPI for detached houses in the Erewash local authority area.
• The February 2012 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 78 DERBY ROAD has not materially changed since February 2012.

How Large is 78 DERBY ROAD?

78 DERBY ROAD is 157m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the largest 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 78 DERBY ROAD lies on this distribution: 60% of detached houses houses are smaller than 78 DERBY ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Risley.

78 DERBY ROAD: Plot and Title Map

78 DERBY ROAD sits on a plot of roughly 0.207 of an acre, or 839m². The below map shows the location of 78 DERBY 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 78 DERBY 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 78 DERBY ROAD?

78 DERBY ROAD is located in RISLEY, in the DE72 postcode district. The below map shows the position of No. 78 on DERBY ROAD.