1, BANK STREET, SOMERCOTES, ALFRETON, DE55 4JE - £260,000

1 BANK STREET is a midsized extended detached house of 105m², built sometime between 1900 and 1929. It was last sold for £260,000 in December 2021, which was around 14% below the average December 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

1 BANK STREET Sold Prices

Land registry data shows four sales for 1 BANK STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the four 1 BANK STREET 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
2021 17 DEC	£260,000	£300,943	14% below HPI
2020 14 SEP	£235,000	£268,598	13% below HPI
2018 31 OCT	£155,000	£250,146	38% below HPI
2004 15 OCT	£110,000	£186,389	41% below HPI

1 BANK STREET 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 four 1 BANK STREET sales between October 2004 and December 2021 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 September 2020 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 1 BANK STREET?

1 BANK STREET is 105m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses in Somercotes, based on EPC data. The below chart shows the distribution of detached houses by size in Somercotes, and where 1 BANK STREET lies on this distribution: 54% of detached houses are smaller than 1 BANK STREET, and 46% of houses are larger. Note that EPC data is not available for all properties in Somercotes.

1 BANK STREET: Plot and Title Map

1 BANK STREET sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 1 BANK STREET, 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 BANK STREET). 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 BANK STREET?

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