115, NOTTINGHAM ROAD, BORROWASH, DERBY, DE72 3FP - £167,500

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.

115 NOTTINGHAM ROAD is a detached house, which could now be worth an estimated £292,096. It was last sold for £167,500 in July 2007, which was around 12% below the average July 2007 detached price in the Erewash local authority area.

115 NOTTINGHAM ROAD Sold Prices

Land registry data shows two sales for 115 NOTTINGHAM ROAD 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 115 NOTTINGHAM ROAD sales were for below 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 25 JUL	£167,500	£189,412	12% below HPI
2003 8 OCT	£132,950	£155,264	14% below HPI

What might 115 NOTTINGHAM ROAD be worth now?

115 NOTTINGHAM ROAD might now be worth an estimated £292,096.

This is based on house price inflation of 74.4%, between July 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 74.4% inflationary increase is applied to the most recent sale price for 115 NOTTINGHAM ROAD of £167,500 on 25th July 2007. For the value to have increased from £167,500 to £292,096 over the nineteen years and two months to May 2026, the following assumptions must hold true:

• The value of 115 NOTTINGHAM ROAD has moved in line with the HPI for detached houses in the Erewash local authority area.
• The July 2007 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 115 NOTTINGHAM ROAD has not materially changed since July 2007.

Where is 115 NOTTINGHAM ROAD?

115 NOTTINGHAM ROAD is located in BORROWASH, in the DE72 postcode district.