294, DERBY ROAD, MAREHAY, RIPLEY, DE5 8JN - £123,499

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.

294 DERBY ROAD is a small extended terraced house of 86m², built sometime between 1900 and 1929, which could now be worth an estimated £148,979. It was last sold for £123,499 in September 2021, which was around 15% below the average September 2021 terraced price in the Amber Valley local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

294 DERBY ROAD Sold Prices

Land registry data shows two sales for 294 DERBY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Amber Valley local authority area for the corresponding sale date. Both of the two 294 DERBY ROAD sales were 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
2021 1 SEP	£123,499	£145,448	15% below HPI
2012 31 MAY	£77,000	£93,819	18% below HPI

294 DERBY ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Amber Valley local authority area over time, sourced from the HPI. The two 294 DERBY ROAD sales from May 2012 and September 2021 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 May 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 294 DERBY ROAD be worth now?

294 DERBY ROAD might now be worth an estimated £148,979.

This is based on house price inflation of 20.6%, between September 2021 and August 2025, for terraced houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.6% inflationary increase is applied to the most recent sale price for 294 DERBY ROAD of £123,499 on 1st September 2021. For the value to have increased from £123,499 to £148,979 over the four years and one month to August 2025, the following assumptions must hold true:

• The value of 294 DERBY ROAD has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The September 2021 sale price of £123,499 represented a fair market value for the property.
• The size, condition, and specification of 294 DERBY ROAD has not materially changed since September 2021.

How Large is 294 DERBY ROAD?

294 DERBY ROAD is 86m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of terraced houses houses in Ripley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ripley, and where 294 DERBY ROAD lies on this distribution: 31% of terraced houses houses are smaller than 294 DERBY ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Ripley.

294 DERBY ROAD: Plot and Title Map

294 DERBY ROAD sits on a plot of roughly 0.028 of an acre, or 113m². The below map shows the location of 294 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 294 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 294 DERBY ROAD?

294 DERBY ROAD is located in MAREHAY, in the DE5 postcode district. The below map shows the position of No. 294 on DERBY ROAD.