4, WASHINGTON CLOSE, MELBOURNE, DERBY, DE73 8EX - £175,000

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 WASHINGTON CLOSE is a detached house, which could now be worth an estimated £305,387. It was last sold for £175,000 in November 2009, which was around 17% below the average November 2009 detached price in the South Derbyshire local authority area.

4 WASHINGTON CLOSE Sold Prices

Land registry data shows one sale for 4 WASHINGTON CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2009 6 NOV	£175,000	£210,180	17% below HPI

What might 4 WASHINGTON CLOSE be worth now?

4 WASHINGTON CLOSE might now be worth an estimated £305,387.

This is based on house price inflation of 74.5%, between November 2009 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 74.5% inflationary increase is applied to the most recent sale price for 4 WASHINGTON CLOSE of £175,000 on 6th November 2009. For the value to have increased from £175,000 to £305,387 over the seventeen years and six months to May 2026, the following assumptions must hold true:

• The value of 4 WASHINGTON CLOSE has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The November 2009 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WASHINGTON CLOSE has not materially changed since November 2009.

Where is 4 WASHINGTON CLOSE?

4 WASHINGTON CLOSE is located in MELBOURNE, in the DE73 postcode district.