8, CHERRY CLOSE, BREASTON, DERBY, DE72 3ED - £260,000

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.

8 CHERRY CLOSE is a very small detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £283,048. It was last sold for £260,000 in February 2022, which was around 13% below the average February 2022 detached price in the Erewash local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was B.

8 CHERRY CLOSE Sold Prices

Land registry data shows one sale for 8 CHERRY 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 Erewash 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
2022 25 FEB	£260,000	£297,329	13% below HPI

What might 8 CHERRY CLOSE be worth now?

8 CHERRY CLOSE might now be worth an estimated £283,048.

This is based on house price inflation of 8.9%, between February 2022 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 8.9% inflationary increase is applied to the most recent sale price for 8 CHERRY CLOSE of £260,000 on 25th February 2022. For the value to have increased from £260,000 to £283,048 over the three years and ten months to April 2026, the following assumptions must hold true:

• The value of 8 CHERRY CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The February 2022 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHERRY CLOSE has not materially changed since February 2022.

How Large is 8 CHERRY CLOSE?

8 CHERRY CLOSE is 79m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses in Breaston, based on EPC data. The below chart shows the distribution of detached houses by size in Breaston, and where 8 CHERRY CLOSE lies on this distribution: 15% of detached houses are smaller than 8 CHERRY CLOSE, and 85% of detached houses are larger. Note that EPC data is not available for all properties in Breaston.

8 CHERRY CLOSE: Plot

8 CHERRY CLOSE sits on a plot of roughly 0.099 of an acre, or 401m².

Where is 8 CHERRY CLOSE?

8 CHERRY CLOSE is located in BREASTON, in the DE72 postcode district.