3, DERE CROFT, BORROWASH, DERBY, DE72 3WG - £538,000

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.

3 DERE CROFT is a detached house, which could now be worth an estimated £596,646. It was last sold for £538,000 in March 2022, which was around 81% above the average March 2022 detached price in the Erewash local authority area.

3 DERE CROFT Sold Prices

Land registry data shows two sales for 3 DERE CROFT 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 3 DERE CROFT sales were for above 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
2022 11 MAR	£538,000	£297,840	81% above HPI
2011 28 OCT	£360,000	£176,122	104% above HPI

What might 3 DERE CROFT be worth now?

3 DERE CROFT might now be worth an estimated £596,646.

This is based on house price inflation of 10.9%, between March 2022 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 10.9% inflationary increase is applied to the most recent sale price for 3 DERE CROFT of £538,000 on 11th March 2022. For the value to have increased from £538,000 to £596,646 over the three years and ten months to May 2026, the following assumptions must hold true:

• The value of 3 DERE CROFT has moved in line with the HPI for detached houses in the Erewash local authority area.
• The March 2022 sale price of £538,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DERE CROFT has not materially changed since March 2022.

Where is 3 DERE CROFT?

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