21, WEAVERS CLOSE, BORROWASH, DERBY, DE72 3YB - £392,500

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.

21 WEAVERS CLOSE is a detached house, which could now be worth an estimated £436,034. It was last sold for £392,500 in February 2022, which was around 32% above the average February 2022 detached price in the Erewash local authority area.

21 WEAVERS CLOSE Sold Prices

Land registry data shows two sales for 21 WEAVERS 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 Erewash local authority area for the corresponding sale date. Both of the two 21 WEAVERS 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
2022 25 FEB	£392,500	£297,329	32% above HPI
1997 14 NOV	£93,000	£69,656	34% above HPI

What might 21 WEAVERS CLOSE be worth now?

21 WEAVERS CLOSE might now be worth an estimated £436,034.

This is based on house price inflation of 11.1%, between February 2022 and May 2026, 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 11.1% inflationary increase is applied to the most recent sale price for 21 WEAVERS CLOSE of £392,500 on 25th February 2022. For the value to have increased from £392,500 to £436,034 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 21 WEAVERS CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The February 2022 sale price of £392,500 represented a fair market value for the property.
• The size, condition, and specification of 21 WEAVERS CLOSE has not materially changed since February 2022.

Where is 21 WEAVERS CLOSE?

21 WEAVERS CLOSE is located in BORROWASH, in the DE72 postcode district.