18, BLACKSMITHS CLOSE, NETHERSEAL, SWADLINCOTE, DE12 8DR - £255,000

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.

18 BLACKSMITHS CLOSE is a detached house, which could now be worth an estimated £450,454. It was last sold for £255,000 in October 2011, which was around 23% above the average October 2011 detached price in the South Derbyshire local authority area.

18 BLACKSMITHS CLOSE Sold Prices

Land registry data shows two sales for 18 BLACKSMITHS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. Both of the two 18 BLACKSMITHS CLOSE 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
2011 7 OCT	£255,000	£207,632	23% above HPI
2001 5 SEP	£169,950	£110,647	54% above HPI

What might 18 BLACKSMITHS CLOSE be worth now?

18 BLACKSMITHS CLOSE might now be worth an estimated £450,454.

This is based on house price inflation of 76.6%, between October 2011 and May 2026, for detached houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 76.6% inflationary increase is applied to the most recent sale price for 18 BLACKSMITHS CLOSE of £255,000 on 7th October 2011. For the value to have increased from £255,000 to £450,454 over the fifteen years and five months to May 2026, the following assumptions must hold true:

• The value of 18 BLACKSMITHS CLOSE has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The October 2011 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 18 BLACKSMITHS CLOSE has not materially changed since October 2011.

Where is 18 BLACKSMITHS CLOSE?

18 BLACKSMITHS CLOSE is located in NETHERSEAL, in the DE12 postcode district.