8, FOREST CLOSE, BELPER, DE56 1NL - £102,500

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 FOREST CLOSE is a detached house, which could now be worth an estimated £350,065. It was last sold for £102,500 in May 2002, which was around 2% above the average May 2002 detached price in the Amber Valley local authority area.

8 FOREST CLOSE Sold Prices

Land registry data shows two sales for 8 FOREST 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 Amber Valley local authority area for the corresponding sale date. One of the two 8 FOREST 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
2002 31 MAY	£102,500	£100,522	2% above HPI
1999 27 AUG	£66,500	£76,301	13% below HPI

What might 8 FOREST CLOSE be worth now?

8 FOREST CLOSE might now be worth an estimated £350,065.

This is based on house price inflation of 241.5%, between May 2002 and May 2026, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 241.5% inflationary increase is applied to the most recent sale price for 8 FOREST CLOSE of £102,500 on 31st May 2002. For the value to have increased from £102,500 to £350,065 over the 24 years to May 2026, the following assumptions must hold true:

• The value of 8 FOREST CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The May 2002 sale price of £102,500 represented a fair market value for the property.
• The size, condition, and specification of 8 FOREST CLOSE has not materially changed since May 2002.

Where is 8 FOREST CLOSE?

8 FOREST CLOSE is located in BELPER, in the DE56 postcode district.