20, TOWER CLOSE, SOMERCOTES, ALFRETON, DE55 1SB - £169,000

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.

20 TOWER CLOSE is a midsized detached house of 94m², built sometime between 1900 and 1929, which could now be worth an estimated £260,719. It was last sold for £169,000 in February 2017, which was around 24% below the average February 2017 detached price in the Amber Valley local authority area. The most recent EPC inspection was September 2011, where the current energy rating was G, and the potential energy rating was F.

20 TOWER CLOSE Sold Prices

Land registry data shows three sales for 20 TOWER CLOSE 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 20 TOWER CLOSE 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
2017 24 FEB	£169,000	£221,558	24% below HPI
2011 25 NOV	£106,000	£179,751	41% below HPI
2007 20 DEC	£125,000	£206,783	40% below HPI

20 TOWER CLOSE 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 20 TOWER CLOSE sales between December 2007 and February 2017 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 November 2011 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2017 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 20 TOWER CLOSE be worth now?

20 TOWER CLOSE might now be worth an estimated £260,719.

This is based on house price inflation of 54.3%, between February 2017 and April 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 54.3% inflationary increase is applied to the most recent sale price for 20 TOWER CLOSE of £169,000 on 24th February 2017. For the value to have increased from £169,000 to £260,719 over the eight years and ten months to April 2026, the following assumptions must hold true:

• The value of 20 TOWER CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The February 2017 sale price of £169,000 represented a fair market value for the property.
• The size, condition, and specification of 20 TOWER CLOSE has not materially changed since February 2017.

How Large is 20 TOWER CLOSE?

20 TOWER CLOSE is 94m² according to the EPC inspection conducted in September 2011. 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 20 TOWER CLOSE lies on this distribution: 44% of detached houses houses are smaller than 20 TOWER CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Somercotes.

20 TOWER CLOSE: Plot and Title Map

20 TOWER CLOSE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 20 TOWER CLOSE, 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 20 TOWER CLOSE). 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 20 TOWER CLOSE?

20 TOWER CLOSE is located in SOMERCOTES, in the DE55 postcode district. The below map shows the position of No. 20 on TOWER CLOSE.