1, CHERRY CLOSE, MICKLEOVER, DERBY, DE3 9DD - £303,000

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.

1 CHERRY CLOSE is a detached house, which could now be worth an estimated £527,472. It was last sold for £303,000 in April 2012, which was around 68% above the average April 2012 detached price in the City of Derby local authority area.

1 CHERRY CLOSE Sold Prices

Land registry data shows two sales for 1 CHERRY 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 City of Derby local authority area for the corresponding sale date. Both of the two 1 CHERRY 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
2012 2 APR	£303,000	£180,882	68% above HPI
2006 22 MAR	£287,000	£190,871	50% above HPI

What might 1 CHERRY CLOSE be worth now?

1 CHERRY CLOSE might now be worth an estimated £527,472.

This is based on house price inflation of 74.1%, between April 2012 and April 2026, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74.1% inflationary increase is applied to the most recent sale price for 1 CHERRY CLOSE of £303,000 on 2nd April 2012. For the value to have increased from £303,000 to £527,472 over the fourteen years to April 2026, the following assumptions must hold true:

• The value of 1 CHERRY CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The April 2012 sale price of £303,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHERRY CLOSE has not materially changed since April 2012.

Where is 1 CHERRY CLOSE?

1 CHERRY CLOSE is located in MICKLEOVER, in the DE3 postcode district.