2, DERBY ROAD, RISLEY, DERBY, DE72 3SU - £262,000

2 DERBY ROAD is a very small extended detached house of 95m², built sometime between 1930 and 1949. It was last sold for £262,000 in February 2015, which was around 37% above the average February 2015 detached price in the Erewash local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

2 DERBY ROAD Sold Prices

Land registry data shows three sales for 2 DERBY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Two of the three 2 DERBY ROAD sales were for above the average price, whilst one was for below 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
2015 2 FEB	£262,000	£190,644	37% above HPI
2007 24 AUG	£237,500	£190,202	25% above HPI
1999 9 APR	£65,000	£68,405	5% below HPI

2 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 three 2 DERBY ROAD sales between April 1999 and February 2015 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 2007 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2015 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 2 DERBY ROAD?

2 DERBY ROAD is 95m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% of detached houses in Risley, based on EPC data. The below chart shows the distribution of detached houses by size in Risley, and where 2 DERBY ROAD lies on this distribution: 16% of detached houses are smaller than 2 DERBY ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Risley.

2 DERBY ROAD: Plot and Title Map

2 DERBY ROAD sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 2 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 2 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 2 DERBY ROAD?

2 DERBY ROAD is located in RISLEY, in the DE72 postcode district. The below map shows the position of No. 2 on DERBY ROAD.