49, NOTTINGHAM ROAD, BORROWASH, DERBY, DE72 3FL - £150,000

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.

49 NOTTINGHAM ROAD is a detached house, which could now be worth an estimated £321,809. It was last sold for £150,000 in September 2003, which was around 3% below the average September 2003 detached price in the Erewash local authority area.

49 NOTTINGHAM ROAD Sold Prices

Land registry data shows two sales for 49 NOTTINGHAM ROAD 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 49 NOTTINGHAM ROAD 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
2003 22 SEP	£150,000	£153,961	3% below HPI
1997 30 MAY	£55,000	£65,644	16% below HPI

What might 49 NOTTINGHAM ROAD be worth now?

49 NOTTINGHAM ROAD might now be worth an estimated £321,809.

This is based on house price inflation of 114.5%, between September 2003 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 114.5% inflationary increase is applied to the most recent sale price for 49 NOTTINGHAM ROAD of £150,000 on 22nd September 2003. For the value to have increased from £150,000 to £321,809 over the 23 years and four months to May 2026, the following assumptions must hold true:

• The value of 49 NOTTINGHAM ROAD has moved in line with the HPI for detached houses in the Erewash local authority area.
• The September 2003 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 49 NOTTINGHAM ROAD has not materially changed since September 2003.

Where is 49 NOTTINGHAM ROAD?

49 NOTTINGHAM ROAD is located in BORROWASH, in the DE72 postcode district.