2, MILL CLOSE, BORROWASH, DERBY, DE72 3GU - £270,000

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.

2 MILL CLOSE is a midsized extended detached house of 113m², built sometime between 1950 and 1966, which could now be worth an estimated £327,146. It was last sold for £270,000 in December 2020, which was around 1% above the average December 2020 detached price in the Erewash local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

2 MILL CLOSE Sold Prices

Land registry data shows one sale for 2 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
2020 4 DEC	£270,000	£267,144	1% above HPI

What might 2 MILL CLOSE be worth now?

2 MILL CLOSE might now be worth an estimated £327,146.

This is based on house price inflation of 21.2%, between December 2020 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 21.2% inflationary increase is applied to the most recent sale price for 2 MILL CLOSE of £270,000 on 4th December 2020. For the value to have increased from £270,000 to £327,146 over the six years and eight months to April 2026, the following assumptions must hold true:

• The value of 2 MILL CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The December 2020 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILL CLOSE has not materially changed since December 2020.

How Large is 2 MILL CLOSE?

2 MILL CLOSE is 113m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 50% of detached houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses by size in Borrowash, and where 2 MILL CLOSE lies on this distribution: 58% of detached houses are smaller than 2 MILL CLOSE, and 42% of detached houses are larger. Note that EPC data is not available for all properties in Borrowash.

2 MILL CLOSE: Plot

2 MILL CLOSE sits on a plot of roughly 0.081 of an acre, or 326m².

Where is 2 MILL CLOSE?

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