12, MERRYBOWER CLOSE, STENSON FIELDS, DERBY, DE24 3JJ - £38,000

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.

12 MERRYBOWER CLOSE is a terraced house, which could now be worth an estimated £203,246. It was last sold for £38,000 in May 1995, which was around 6% above the average May 1995 terraced price in the South Derbyshire local authority area.

12 MERRYBOWER CLOSE Sold Prices

Land registry data shows two sales for 12 MERRYBOWER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the South Derbyshire local authority area for the corresponding sale date. Both of the two 12 MERRYBOWER 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
1995 5 MAY	£38,000	£35,759	6% above HPI
1995 27 JAN	£40,000	£33,562	19% above HPI

What might 12 MERRYBOWER CLOSE be worth now?

12 MERRYBOWER CLOSE might now be worth an estimated £203,246.

This is based on house price inflation of 434.9%, between May 1995 and May 2026, for terraced houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 434.9% inflationary increase is applied to the most recent sale price for 12 MERRYBOWER CLOSE of £38,000 on 5th May 1995. For the value to have increased from £38,000 to £203,246 over the 31 years to May 2026, the following assumptions must hold true:

• The value of 12 MERRYBOWER CLOSE has moved in line with the HPI for terraced houses in the South Derbyshire local authority area.
• The May 1995 sale price of £38,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MERRYBOWER CLOSE has not materially changed since May 1995.

Where is 12 MERRYBOWER CLOSE?

12 MERRYBOWER CLOSE is located in STENSON FIELDS, in the DE24 postcode district.