16, DERE CROFT, BORROWASH, DERBY, DE72 3WG - £340,000

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.

16 DERE CROFT is a detached house, which could now be worth an estimated £595,650. It was last sold for £340,000 in May 2014, which was around 80% above the average May 2014 detached price in the Erewash local authority area.

16 DERE CROFT Sold Prices

Land registry data shows one sale for 16 DERE CROFT 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
2014 2 MAY	£340,000	£188,541	80% above HPI

What might 16 DERE CROFT be worth now?

16 DERE CROFT might now be worth an estimated £595,650.

This is based on house price inflation of 75.2%, between May 2014 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 75.2% inflationary increase is applied to the most recent sale price for 16 DERE CROFT of £340,000 on 2nd May 2014. For the value to have increased from £340,000 to £595,650 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 16 DERE CROFT has moved in line with the HPI for detached houses in the Erewash local authority area.
• The May 2014 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 16 DERE CROFT has not materially changed since May 2014.

Where is 16 DERE CROFT?

16 DERE CROFT is located in BORROWASH, in the DE72 postcode district.