535, LOWER SOMERCOTES, SOMERCOTES, ALFRETON, DE55 4NS - £107,000

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.

535 LOWER SOMERCOTES is a small extended terraced house of 63m², built sometime between 1900 and 1929, which could now be worth an estimated £119,491. It was last sold for £107,000 in September 2023, which was around 32% below the average September 2023 terraced price in the Amber Valley local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

535 LOWER SOMERCOTES Sold Prices

Land registry data shows one sale for 535 LOWER SOMERCOTES 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
2023 15 SEP	£107,000	£158,271	32% below HPI

What might 535 LOWER SOMERCOTES be worth now?

535 LOWER SOMERCOTES might now be worth an estimated £119,491.

This is based on house price inflation of 11.7%, between September 2023 and April 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 11.7% inflationary increase is applied to the most recent sale price for 535 LOWER SOMERCOTES of £107,000 on 15th September 2023. For the value to have increased from £107,000 to £119,491 over the three years and five months to April 2026, the following assumptions must hold true:

• The value of 535 LOWER SOMERCOTES has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The September 2023 sale price of £107,000 represented a fair market value for the property.
• The size, condition, and specification of 535 LOWER SOMERCOTES has not materially changed since September 2023.

How Large is 535 LOWER SOMERCOTES?

535 LOWER SOMERCOTES is 63m², which includes two extensions, according to the EPC inspection conducted in June 2023. 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 535 LOWER SOMERCOTES lies on this distribution: 22% of terraced houses are smaller than 535 LOWER SOMERCOTES, and 76% of terraced houses are larger. Note that EPC data is not available for all properties in Somercotes.

535 LOWER SOMERCOTES: Plot

535 LOWER SOMERCOTES sits on a plot of roughly 0.038 of an acre, or 155m².

Where is 535 LOWER SOMERCOTES?

535 LOWER SOMERCOTES is located in SOMERCOTES, in the DE55 postcode district.