196, BIRCHWOOD LANE, SOMERCOTES, ALFRETON, DE55 4NF - £179,000

196 BIRCHWOOD LANE is a large extended detached house of 124m², built sometime between 1950 and 1966. It was last sold for £179,000 in October 2013, which was around 12% below the average October 2013 detached price in the Amber Valley local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

196 BIRCHWOOD LANE Sold Prices

Land registry data shows three sales for 196 BIRCHWOOD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 196 BIRCHWOOD LANE 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
2013 11 OCT	£179,000	£204,332	12% below HPI
2002 15 MAR	£97,000	£99,059	2% below HPI
1995 21 JUL	£38,000	£62,281	39% below HPI

196 BIRCHWOOD LANE 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 three 196 BIRCHWOOD LANE sales between July 1995 and October 2013 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 March 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2013 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 196 BIRCHWOOD LANE?

196 BIRCHWOOD LANE is 124m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 30% of detached houses in Somercotes, based on EPC data. The below chart shows the distribution of detached houses by size in Somercotes, and where 196 BIRCHWOOD LANE lies on this distribution: 75% of detached houses are smaller than 196 BIRCHWOOD LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Somercotes.

196 BIRCHWOOD LANE: Plot and Title Map

196 BIRCHWOOD LANE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 196 BIRCHWOOD LANE, 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 196 BIRCHWOOD LANE). 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 196 BIRCHWOOD LANE?

196 BIRCHWOOD LANE is located in SOMERCOTES, in the DE55 postcode district. The below map shows the position of No. 196 on BIRCHWOOD LANE.