1, MILL CLOSE, BORROWASH, DERBY, DE72 3GU - £177,000

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 MILL CLOSE is a detached house, which could now be worth an estimated £372,123. It was last sold for £177,000 in September 2003, which was around 15% above the average September 2003 detached price in the Erewash local authority area.

1 MILL CLOSE Sold Prices

Land registry data shows one sale for 1 MILL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Erewash local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2003 22 SEP	£177,000	£153,961	15% above HPI

What might 1 MILL CLOSE be worth now?

1 MILL CLOSE might now be worth an estimated £372,123.

This is based on house price inflation of 110.2%, between September 2003 and April 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 110.2% inflationary increase is applied to the most recent sale price for 1 MILL CLOSE of £177,000 on 22nd September 2003. For the value to have increased from £177,000 to £372,123 over the 23 years and five months to April 2026, the following assumptions must hold true:

• The value of 1 MILL CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The September 2003 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MILL CLOSE has not materially changed since September 2003.

Where is 1 MILL CLOSE?

1 MILL CLOSE is located in BORROWASH, in the DE72 postcode district.