14, MILL STREET, SOMERCOTES, ALFRETON, DE55 4HH - £130,000

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.

14 MILL STREET is a small extended semi-detached house of 86m², built sometime between 1900 and 1929, which could now be worth an estimated £159,815. It was last sold for £130,000 in July 2021, which was around 28% below the average July 2021 semi-detached price in the Amber Valley local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

14 MILL STREET Sold Prices

Land registry data shows eight sales for 14 MILL STREET since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average semi-detached price in the Amber Valley local authority area for the corresponding sale date. All of the eight 14 MILL 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 29 JUL	£130,000	£181,446	28% below HPI
2018 18 MAY	£117,000	£150,279	22% below HPI
2017 18 MAY	£107,000	£144,447	26% below HPI
2009 30 OCT	£95,000	£117,323	19% below HPI
2007 24 SEP	£116,000	£133,360	13% below HPI
2007 30 APR	£80,100	£128,641	38% below HPI
2002 10 MAY	£38,850	£60,131	35% below HPI
2001 15 JUN	£40,000	£53,657	25% below HPI

14 MILL STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Amber Valley local authority area over time, sourced from the HPI. The eight 14 MILL STREET sales between June 2001 and July 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 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 14 MILL STREET be worth now?

14 MILL STREET might now be worth an estimated £159,815.

This is based on house price inflation of 22.9%, between July 2021 and May 2026, for semi-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 22.9% inflationary increase is applied to the most recent sale price for 14 MILL STREET of £130,000 on 29th July 2021. For the value to have increased from £130,000 to £159,815 over the five years and two months to May 2026, the following assumptions must hold true:

• The value of 14 MILL STREET has moved in line with the HPI for semi-detached houses in the Amber Valley local authority area.
• The July 2021 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MILL STREET has not materially changed since July 2021.

How Large is 14 MILL STREET?

14 MILL STREET is 86m², which includes two extensions, according to the EPC inspection conducted in April 2021. This puts it in the smallest 40% of semi-detached houses houses in Somercotes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Somercotes, and where 14 MILL STREET lies on this distribution: 38% of semi-detached houses houses are smaller than 14 MILL STREET, and 62% of houses are larger. Note that EPC data is not available for all properties in Somercotes.

14 MILL STREET: Plot and Title Map

14 MILL STREET sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 14 MILL 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 14 MILL 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 14 MILL STREET?

14 MILL STREET is located in SOMERCOTES, in the DE55 postcode district. The below map shows the position of No. 14 on MILL STREET.