129, NOTTINGHAM ROAD, SOMERCOTES, ALFRETON, DE55 4JH - £95,000

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.

129 NOTTINGHAM ROAD is a small extended terraced house of 75m², built sometime between 1900 and 1929, which could now be worth an estimated £119,398. It was last sold for £95,000 in January 2021, which was around 32% below the average January 2021 terraced price in the Amber Valley local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

129 NOTTINGHAM ROAD Sold Prices

Land registry data shows two sales for 129 NOTTINGHAM ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Amber Valley local authority area for the corresponding sale date. Both of the two 129 NOTTINGHAM ROAD 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 22 JAN	£95,000	£140,631	32% below HPI
2001 4 MAY	£28,300	£42,274	33% below HPI

129 NOTTINGHAM ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Amber Valley local authority area over time, sourced from the HPI. The two 129 NOTTINGHAM ROAD sales from May 2001 and January 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 May 2001 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 129 NOTTINGHAM ROAD be worth now?

129 NOTTINGHAM ROAD might now be worth an estimated £119,398.

This is based on house price inflation of 25.7%, between January 2021 and April 2026, for terraced 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 25.7% inflationary increase is applied to the most recent sale price for 129 NOTTINGHAM ROAD of £95,000 on 22nd January 2021. For the value to have increased from £95,000 to £119,398 over the four years and nine months to April 2026, the following assumptions must hold true:

• The value of 129 NOTTINGHAM ROAD has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The January 2021 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 129 NOTTINGHAM ROAD has not materially changed since January 2021.

How Large is 129 NOTTINGHAM ROAD?

129 NOTTINGHAM ROAD is 75m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% of terraced houses houses in Somercotes, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Somercotes, and where 129 NOTTINGHAM ROAD lies on this distribution: 27% of terraced houses houses are smaller than 129 NOTTINGHAM ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Somercotes.

129 NOTTINGHAM ROAD: Plot and Title Map

129 NOTTINGHAM ROAD sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 129 NOTTINGHAM ROAD, 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 129 NOTTINGHAM ROAD). 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 129 NOTTINGHAM ROAD?

129 NOTTINGHAM ROAD is located in SOMERCOTES, in the DE55 postcode district. The below map shows the position of No. 129 on NOTTINGHAM ROAD.