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
89 DERBY ROAD is a large extended detached house of 183m², built sometime between 1950 and 1966. It was last sold for £427,500 in December 2004, which was around 148% above the average December 2004 detached price in the Erewash local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 89 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 89 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 |
---|---|---|---|
2004 7 DEC | £427,500 | £172,160 | 148% above HPI |
1997 5 SEP | £143,000 | £67,291 | 113% 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 89 DERBY ROAD sales from September 1997 and December 2004 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 September 1997 sale was for 113% above the HPI. So the extrapolation line tracks at 113% above the HPI over time, until the December 2004 sale, where it rises to 148% above the HPI. The line then continues to track at 148% above the HPI.
89 DERBY ROAD is 183m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 30% of detached houses in Risley, based on EPC data. The below chart shows the distribution of detached houses by size in Risley, and where 89 DERBY ROAD lies on this distribution: 73% of detached houses are smaller than 89 DERBY ROAD, and 27% of houses are larger. Note that EPC data is not available for all properties in Risley.
89 DERBY ROAD sits on a plot of roughly 0.334 of an acre, or 1,353m². The below map shows the location of 89 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 89 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.
89 DERBY ROAD is located in RISLEY, in the DE72 postcode district. The below map shows the position of No. 89 on DERBY ROAD.