9, THE SPINNEY, BELPER, DE56 1EQ - £165,000

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.

9 THE SPINNEY is a detached house, which could now be worth an estimated £319,663. It was last sold for £165,000 in January 2005, which was around 7% below the average January 2005 detached price in the Amber Valley local authority area.

9 THE SPINNEY Sold Prices

Land registry data shows two sales for 9 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 Amber Valley local authority area for the corresponding sale date. Both of the two 9 THE SPINNEY 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
2005 14 JAN	£165,000	£177,206	7% below HPI
2001 4 MAY	£78,500	£91,341	14% below HPI

What might 9 THE SPINNEY be worth now?

9 THE SPINNEY might now be worth an estimated £319,663.

This is based on house price inflation of 93.7%, between January 2005 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 93.7% inflationary increase is applied to the most recent sale price for 9 THE SPINNEY of £165,000 on 14th January 2005. For the value to have increased from £165,000 to £319,663 over the twenty years and eight months to May 2026, the following assumptions must hold true:

• The value of 9 THE SPINNEY has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The January 2005 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 9 THE SPINNEY has not materially changed since January 2005.

Where is 9 THE SPINNEY?

9 THE SPINNEY is located in BELPER, in the DE56 postcode district.