23, PARKSIDE, SOMERCOTES, ALFRETON, DE55 4LA - £125,000

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.

23 PARKSIDE is a small semi-detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £141,170. It was last sold for £125,000 in July 2022, which was around 36% below the average July 2022 semi-detached price in the Amber Valley local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

23 PARKSIDE Sold Prices

Land registry data shows two sales for 23 PARKSIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 23 PARKSIDE 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 27 JUL	£125,000	£196,403	36% below HPI
2004 5 APR	£74,950	£101,520	26% below HPI

23 PARKSIDE 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 two 23 PARKSIDE sales from April 2004 and July 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 April 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2022 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 23 PARKSIDE be worth now?

23 PARKSIDE might now be worth an estimated £141,170.

This is based on house price inflation of 12.9%, between July 2022 and April 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 12.9% inflationary increase is applied to the most recent sale price for 23 PARKSIDE of £125,000 on 27th July 2022. For the value to have increased from £125,000 to £141,170 over the four years and three months to April 2026, the following assumptions must hold true:

• The value of 23 PARKSIDE has moved in line with the HPI for semi-detached houses in the Amber Valley local authority area.
• The July 2022 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 23 PARKSIDE has not materially changed since July 2022.

How Large is 23 PARKSIDE?

23 PARKSIDE is 75m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 30% 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 23 PARKSIDE lies on this distribution: 27% of semi-detached houses houses are smaller than 23 PARKSIDE, and 72% of houses are larger. Note that EPC data is not available for all properties in Somercotes.

23 PARKSIDE: Plot and Title Map

23 PARKSIDE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 23 PARKSIDE, 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 23 PARKSIDE). 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 23 PARKSIDE?

23 PARKSIDE is located in SOMERCOTES, in the DE55 postcode district. The below map shows the position of No. 23 on PARKSIDE.