2, SPRING CLOSE, BELPER, DE56 2TY - £160,000

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 SPRING CLOSE is a detached house, which could now be worth an estimated £299,755. It was last sold for £160,000 in September 2012, which was around 12% below the average September 2012 detached price in the Amber Valley local authority area.

2 SPRING CLOSE Sold Prices

Land registry data shows three sales for 2 SPRING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 2 SPRING 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
2012 14 SEP	£160,000	£182,443	12% below HPI
2001 10 AUG	£73,000	£92,659	21% below HPI
1998 5 MAY	£57,500	£66,197	13% below HPI

What might 2 SPRING CLOSE be worth now?

2 SPRING CLOSE might now be worth an estimated £299,755.

This is based on house price inflation of 87.3%, between September 2012 and April 2026, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 87.3% inflationary increase is applied to the most recent sale price for 2 SPRING CLOSE of £160,000 on 14th September 2012. For the value to have increased from £160,000 to £299,755 over the fourteen years and five months to April 2026, the following assumptions must hold true:

• The value of 2 SPRING CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The September 2012 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPRING CLOSE has not materially changed since September 2012.

Where is 2 SPRING CLOSE?

2 SPRING CLOSE is located in BELPER, in the DE56 postcode district.