4, MILL CLOSE, BORROWASH, DERBY, DE72 3GU - £65,000

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.

4 MILL CLOSE is a detached house, which could now be worth an estimated £290,811. It was last sold for £65,000 in January 2000, which was around 10% below the average January 2000 detached price in the Erewash local authority area.

4 MILL CLOSE Sold Prices

Land registry data shows two sales for 4 MILL 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 Erewash local authority area for the corresponding sale date. Both of the two 4 MILL 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
2000 12 JAN	£65,000	£72,348	10% below HPI
1995 16 MAR	£58,500	£62,947	7% below HPI

What might 4 MILL CLOSE be worth now?

4 MILL CLOSE might now be worth an estimated £290,811.

This is based on house price inflation of 347.4%, between January 2000 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 347.4% inflationary increase is applied to the most recent sale price for 4 MILL CLOSE of £65,000 on 12th January 2000. For the value to have increased from £65,000 to £290,811 over the 25 years and nine months to April 2026, the following assumptions must hold true:

• The value of 4 MILL CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The January 2000 sale price of £65,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MILL CLOSE has not materially changed since January 2000.

Where is 4 MILL CLOSE?

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