18, MILL CLOSE, BORROWASH, DERBY, DE72 3GU - £162,500

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.

18 MILL CLOSE is a detached house, which could now be worth an estimated £285,959. It was last sold for £162,500 in September 2008, which was around 12% below the average September 2008 detached price in the Erewash local authority area.

18 MILL CLOSE Sold Prices

Land registry data shows two sales for 18 MILL 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 Erewash local authority area for the corresponding sale date. Both of the two 18 MILL CLOSE 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
2008 11 SEP	£162,500	£183,939	12% below HPI
2001 23 NOV	£88,000	£97,240	10% below HPI

What might 18 MILL CLOSE be worth now?

18 MILL CLOSE might now be worth an estimated £285,959.

This is based on house price inflation of 76%, between September 2008 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 76% inflationary increase is applied to the most recent sale price for 18 MILL CLOSE of £162,500 on 11th September 2008. For the value to have increased from £162,500 to £285,959 over the eighteen years and five months to April 2026, the following assumptions must hold true:

• The value of 18 MILL CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The September 2008 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 18 MILL CLOSE has not materially changed since September 2008.

Where is 18 MILL CLOSE?

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