5, BROOM CLOSE, CHELLASTON, DERBY, DE73 5SN - £249,000

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.

5 BROOM CLOSE is a detached house, which could now be worth an estimated £419,155. It was last sold for £249,000 in May 2005, which was around 33% above the average May 2005 detached price in the City of Derby local authority area.

5 BROOM CLOSE Sold Prices

Land registry data shows two sales for 5 BROOM 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 City of Derby local authority area for the corresponding sale date. One of the two 5 BROOM CLOSE sales was for above the average price, whilst the other was 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
2005 13 MAY	£249,000	£186,638	33% above HPI
1995 9 JUN	£47,000	£62,685	25% below HPI

What might 5 BROOM CLOSE be worth now?

5 BROOM CLOSE might now be worth an estimated £419,155.

This is based on house price inflation of 68.3%, between May 2005 and May 2026, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 68.3% inflationary increase is applied to the most recent sale price for 5 BROOM CLOSE of £249,000 on 13th May 2005. For the value to have increased from £249,000 to £419,155 over the 21 years to May 2026, the following assumptions must hold true:

• The value of 5 BROOM CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The May 2005 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BROOM CLOSE has not materially changed since May 2005.

Where is 5 BROOM CLOSE?

5 BROOM CLOSE is located in CHELLASTON, in the DE73 postcode district.