1, ASH CLOSE, SOMERCOTES, ALFRETON, DE55 1SG - £211,000

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.

1 ASH CLOSE is a very small detached house of 55m², built in 2013, which could now be worth an estimated £234,680. It was last sold for £211,000 in September 2023, which was around 31% below the average September 2023 detached price in the Amber Valley local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was C.

1 ASH CLOSE Sold Prices

Land registry data shows three sales for 1 ASH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 1 ASH CLOSE 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
2023 15 SEP	£211,000	£307,312	31% below HPI
2020 19 OCT	£195,000	£266,491	27% below HPI
2013 23 DEC	£158,400	£191,747	17% below HPI

1 ASH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 1 ASH CLOSE sales between December 2013 and September 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2020 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 1 ASH CLOSE be worth now?

1 ASH CLOSE might now be worth an estimated £234,680.

This is based on house price inflation of 11.2%, between September 2023 and April 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 11.2% inflationary increase is applied to the most recent sale price for 1 ASH CLOSE of £211,000 on 15th September 2023. For the value to have increased from £211,000 to £234,680 over the three years and five months to April 2026, the following assumptions must hold true:

• The value of 1 ASH CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The September 2023 sale price of £211,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ASH CLOSE has not materially changed since September 2023.

How Large is 1 ASH CLOSE?

1 ASH CLOSE is 55m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of detached houses houses in Somercotes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Somercotes, and where 1 ASH CLOSE lies on this distribution: 3% of detached houses houses are smaller than 1 ASH CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Somercotes.

1 ASH CLOSE: Plot and Title Map

1 ASH CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 1 ASH CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 ASH CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 ASH CLOSE?

1 ASH CLOSE is located in SOMERCOTES, in the DE55 postcode district. The below map shows the position of No. 1 on ASH CLOSE.