3, SPRINGHILL WAY, CODNOR, RIPLEY, DE5 9PN - £153,000

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 SPRINGHILL WAY is a detached house, which could now be worth an estimated £254,325. It was last sold for £153,000 in August 2007, which was around 26% below the average August 2007 detached price in the Amber Valley local authority area.

3 SPRINGHILL WAY Sold Prices

Land registry data shows two sales for 3 SPRINGHILL WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 3 SPRINGHILL WAY 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
2007 23 AUG	£153,000	£205,625	26% below HPI
2007 13 FEB	£124,950	£195,739	36% below HPI

What might 3 SPRINGHILL WAY be worth now?

3 SPRINGHILL WAY might now be worth an estimated £254,325.

This is based on house price inflation of 66.2%, between August 2007 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 66.2% inflationary increase is applied to the most recent sale price for 3 SPRINGHILL WAY of £153,000 on 23rd August 2007. For the value to have increased from £153,000 to £254,325 over the nineteen years and four months to April 2026, the following assumptions must hold true:

• The value of 3 SPRINGHILL WAY has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The August 2007 sale price of £153,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPRINGHILL WAY has not materially changed since August 2007.

Where is 3 SPRINGHILL WAY?

3 SPRINGHILL WAY is located in CODNOR, in the DE5 postcode district.