Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
87 DERBY ROAD is a very large extended detached house of 235m², built sometime between 1930 and 1949. It was last sold for £665,000 in November 2019, which was around 179% above the average November 2019 detached price in the Erewash local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 87 DERBY ROAD since 1st 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 87 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 |
---|---|---|---|
2019 22 NOV | £665,000 | £238,490 | 179% above HPI |
1999 30 MAR | £191,000 | £68,616 | 178% above HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 87 DERBY ROAD sales from March 1999 and November 2019 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 March 1999 sale was for 178% above the HPI. So the extrapolation line tracks at 178% above the HPI over time, until the November 2019 sale, where it rises to 179% above the HPI. The line then continues to track at 179% above the HPI.
87 DERBY ROAD is 235m², which includes three extensions, according to the EPC inspection conducted in October 2018. This puts it in the largest 10% of detached houses in Risley, based on EPC data. The below chart shows the distribution of detached houses by size in Risley, and where 87 DERBY ROAD lies on this distribution: 94% of detached houses are smaller than 87 DERBY ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Risley.
87 DERBY ROAD sits on a plot of roughly 0.234 of an acre, or 948m². The below map shows the location of 87 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 87 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.
87 DERBY ROAD is located in RISLEY, in the DE72 postcode district. The below map shows the position of No. 87 on DERBY ROAD.