150, SOMERCOTES HILL, SOMERCOTES, ALFRETON, DE55 4HU - £93,000

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.

150 SOMERCOTES HILL is a very small terraced house of 63m², built sometime before 1900, which could now be worth an estimated £128,854. It was last sold for £93,000 in November 2019, which was around 27% below the average November 2019 terraced price in the Amber Valley local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

150 SOMERCOTES HILL Sold Prices

Land registry data shows two sales for 150 SOMERCOTES HILL 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 150 SOMERCOTES HILL 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
2019 21 NOV	£93,000	£127,567	27% below HPI
2015 4 AUG	£35,000	£107,378	67% below HPI

150 SOMERCOTES HILL 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 150 SOMERCOTES HILL sales from August 2015 and November 2019 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 August 2015 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the November 2019 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 150 SOMERCOTES HILL be worth now?

150 SOMERCOTES HILL might now be worth an estimated £128,854.

This is based on house price inflation of 38.6%, between November 2019 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 38.6% inflationary increase is applied to the most recent sale price for 150 SOMERCOTES HILL of £93,000 on 21st November 2019. For the value to have increased from £93,000 to £128,854 over the seven years and seven months to April 2026, the following assumptions must hold true:

• The value of 150 SOMERCOTES HILL has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The November 2019 sale price of £93,000 represented a fair market value for the property.
• The size, condition, and specification of 150 SOMERCOTES HILL has not materially changed since November 2019.

How Large is 150 SOMERCOTES HILL?

150 SOMERCOTES HILL is 63m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% 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 150 SOMERCOTES HILL lies on this distribution: 16% of terraced houses houses are smaller than 150 SOMERCOTES HILL, and 84% of houses are larger. Note that EPC data is not available for all properties in Somercotes.

150 SOMERCOTES HILL: Plot and Title Map

150 SOMERCOTES HILL sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 150 SOMERCOTES HILL, 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 150 SOMERCOTES HILL). 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 150 SOMERCOTES HILL?

150 SOMERCOTES HILL is located in SOMERCOTES, in the DE55 postcode district. The below map shows the position of No. 150 on SOMERCOTES HILL.