6, THE SPINNEY, BORROWASH, DERBY, DE72 3FT - £88,000

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.

6 THE SPINNEY is a detached house, which could now be worth an estimated £392,417. It was last sold for £88,000 in February 2000, which was around 21% above the average February 2000 detached price in the Erewash local authority area.

6 THE SPINNEY Sold Prices

Land registry data shows two sales for 6 THE SPINNEY 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. One of the two 6 THE SPINNEY sales was for above the average price, whilst the other was roughly equal to 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 18 FEB	£88,000	£72,587	21% above HPI
1998 8 MAY	£70,250	£70,489	Close to HPI

What might 6 THE SPINNEY be worth now?

6 THE SPINNEY might now be worth an estimated £392,417.

This is based on house price inflation of 345.9%, between February 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 345.9% inflationary increase is applied to the most recent sale price for 6 THE SPINNEY of £88,000 on 18th February 2000. For the value to have increased from £88,000 to £392,417 over the 25 years and ten months to April 2026, the following assumptions must hold true:

• The value of 6 THE SPINNEY has moved in line with the HPI for detached houses in the Erewash local authority area.
• The February 2000 sale price of £88,000 represented a fair market value for the property.
• The size, condition, and specification of 6 THE SPINNEY has not materially changed since February 2000.

Where is 6 THE SPINNEY?

6 THE SPINNEY is located in BORROWASH, in the DE72 postcode district.