419, SOMERCOTES HILL, SOMERCOTES, ALFRETON, DE55 4JX - £130,000

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.

419 SOMERCOTES HILL is a small terraced house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £151,323. It was last sold for £130,000 in May 2022, which was around 14% below the average May 2022 terraced price in the Amber Valley local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

419 SOMERCOTES HILL Sold Prices

Land registry data shows one sale for 419 SOMERCOTES HILL since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Amber Valley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 23 MAY	£130,000	£152,009	14% below HPI

What might 419 SOMERCOTES HILL be worth now?

419 SOMERCOTES HILL might now be worth an estimated £151,323.

This is based on house price inflation of 16.4%, between May 2022 and May 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 16.4% inflationary increase is applied to the most recent sale price for 419 SOMERCOTES HILL of £130,000 on 23rd May 2022. For the value to have increased from £130,000 to £151,323 over the four years to May 2026, the following assumptions must hold true:

• The value of 419 SOMERCOTES HILL has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The May 2022 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 419 SOMERCOTES HILL has not materially changed since May 2022.

How Large is 419 SOMERCOTES HILL?

419 SOMERCOTES HILL is 65m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 30% of terraced houses in Somercotes, based on EPC data. The below chart shows the distribution of terraced houses by size in Somercotes, and where 419 SOMERCOTES HILL lies on this distribution: 27% of terraced houses are smaller than 419 SOMERCOTES HILL, and 71% of terraced houses are larger. Note that EPC data is not available for all properties in Somercotes.

419 SOMERCOTES HILL: Plot

419 SOMERCOTES HILL sits on a plot of roughly 0.049 of an acre, or 199m².

Where is 419 SOMERCOTES HILL?

419 SOMERCOTES HILL is located in SOMERCOTES, in the DE55 postcode district.