MOUNT PLEASANT, DERBY ROAD, RISLEY, DERBY, DE72 3SS - £525,000

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.

MOUNT PLEASANT is a small extended detached house of 118m², built sometime between 1930 and 1949, which could now be worth an estimated £562,304. It was last sold for £525,000 in March 2022, which was around 76% above the average March 2022 detached price in the Erewash local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was C.

MOUNT PLEASANT Sold Prices

Land registry data shows two sales for MOUNT PLEASANT 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 MOUNT PLEASANT 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 MAR	£525,000	£297,840	76% above HPI
2020 30 OCT	£485,000	£261,550	85% above HPI

MOUNT PLEASANT 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 MOUNT PLEASANT sales from October 2020 and March 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 October 2020 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the March 2022 sale, where it falls to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might MOUNT PLEASANT be worth now?

MOUNT PLEASANT might now be worth an estimated £562,304.

This is based on house price inflation of 7.1%, between March 2022 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 7.1% inflationary increase is applied to the most recent sale price for MOUNT PLEASANT of £525,000 on 11th March 2022. For the value to have increased from £525,000 to £562,304 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of MOUNT PLEASANT has moved in line with the HPI for detached houses in the Erewash local authority area.
• The March 2022 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of MOUNT PLEASANT has not materially changed since March 2022.

How Large is MOUNT PLEASANT?

MOUNT PLEASANT is 118m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% 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 MOUNT PLEASANT lies on this distribution: 29% of detached houses houses are smaller than MOUNT PLEASANT, and 71% of houses are larger. Note that EPC data is not available for all properties in Risley.

MOUNT PLEASANT: Plot and Title Map

MOUNT PLEASANT sits on a plot of roughly 0.761 of an acre, or 3,080m². The below map shows the location of MOUNT PLEASANT, 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 MOUNT PLEASANT). 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 MOUNT PLEASANT?

MOUNT PLEASANT is located on DERBY ROAD in RISLEY, in the DE72 postcode district. The below map shows the position of MOUNT PLEASANT on DERBY ROAD.