21, MERRYBOWER CLOSE, STENSON FIELDS, DERBY, DE24 3JJ - £177,950

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.

21 MERRYBOWER CLOSE is a detached house, which could now be worth an estimated £327,429. It was last sold for £177,950 in August 2004, which was around 11% below the average August 2004 detached price in the South Derbyshire local authority area.

21 MERRYBOWER CLOSE Sold Prices

Land registry data shows two sales for 21 MERRYBOWER 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 South Derbyshire local authority area for the corresponding sale date. Both of the two 21 MERRYBOWER 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
2004 31 AUG	£177,950	£199,336	11% below HPI
1998 15 MAY	£72,000	£79,092	9% below HPI

What might 21 MERRYBOWER CLOSE be worth now?

21 MERRYBOWER CLOSE might now be worth an estimated £327,429.

This is based on house price inflation of 84%, between August 2004 and May 2026, for detached 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 84% inflationary increase is applied to the most recent sale price for 21 MERRYBOWER CLOSE of £177,950 on 31st August 2004. For the value to have increased from £177,950 to £327,429 over the 22 years and three months to May 2026, the following assumptions must hold true:

• The value of 21 MERRYBOWER CLOSE has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The August 2004 sale price of £177,950 represented a fair market value for the property.
• The size, condition, and specification of 21 MERRYBOWER CLOSE has not materially changed since August 2004.

Where is 21 MERRYBOWER CLOSE?

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