16, LANGLEY AVENUE, SOMERCOTES, ALFRETON, DE55 4LT - £180,000

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.

16 LANGLEY AVENUE is a midsized detached house of 92m², built sometime between 1900 and 1929, which could now be worth an estimated £205,017. It was last sold for £180,000 in February 2022, which was around 40% below the average February 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

16 LANGLEY AVENUE Sold Prices

Land registry data shows two sales for 16 LANGLEY AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 16 LANGLEY AVENUE 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
2022 19 FEB	£180,000	£301,418	40% below HPI
2009 30 JUL	£100,000	£166,032	40% below HPI

16 LANGLEY AVENUE 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 two 16 LANGLEY AVENUE sales from July 2009 and February 2022 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 July 2009 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2022 sale, which was also at 40% below the HPI.

What might 16 LANGLEY AVENUE be worth now?

16 LANGLEY AVENUE might now be worth an estimated £205,017.

This is based on house price inflation of 13.9%, between February 2022 and May 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 13.9% inflationary increase is applied to the most recent sale price for 16 LANGLEY AVENUE of £180,000 on 19th February 2022. For the value to have increased from £180,000 to £205,017 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 16 LANGLEY AVENUE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The February 2022 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LANGLEY AVENUE has not materially changed since February 2022.

How Large is 16 LANGLEY AVENUE?

16 LANGLEY AVENUE is 92m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 50% 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 16 LANGLEY AVENUE lies on this distribution: 42% of detached houses houses are smaller than 16 LANGLEY AVENUE, and 57% of houses are larger. Note that EPC data is not available for all properties in Somercotes.

16 LANGLEY AVENUE: Plot and Title Map

16 LANGLEY AVENUE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 16 LANGLEY AVENUE, 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 16 LANGLEY AVENUE). 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 16 LANGLEY AVENUE?

16 LANGLEY AVENUE is located in SOMERCOTES, in the DE55 postcode district. The below map shows the position of No. 16 on LANGLEY AVENUE.