8, RYAL CLOSE, OCKBROOK, DERBY, DE72 3TG - £272,500

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.

8 RYAL CLOSE is a detached house, which could now be worth an estimated £481,672. It was last sold for £272,500 in June 2007, which was around 46% above the average June 2007 detached price in the Erewash local authority area.

8 RYAL CLOSE Sold Prices

Land registry data shows two sales for 8 RYAL 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 8 RYAL 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
2007 15 JUN	£272,500	£186,867	46% above HPI
2001 4 MAY	£139,950	£86,659	61% above HPI

What might 8 RYAL CLOSE be worth now?

8 RYAL CLOSE might now be worth an estimated £481,672.

This is based on house price inflation of 76.8%, between June 2007 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 76.8% inflationary increase is applied to the most recent sale price for 8 RYAL CLOSE of £272,500 on 15th June 2007. For the value to have increased from £272,500 to £481,672 over the nineteen years and one month to May 2026, the following assumptions must hold true:

• The value of 8 RYAL CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The June 2007 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 8 RYAL CLOSE has not materially changed since June 2007.

Where is 8 RYAL CLOSE?

8 RYAL CLOSE is located in OCKBROOK, in the DE72 postcode district.