126, SOMERCOTES HILL, SOMERCOTES, ALFRETON, DE55 4HU - £47,500

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.

126 SOMERCOTES HILL is a large extended terraced house of 88m², built sometime between 1900 and 1929, which could now be worth an estimated £87,765. It was last sold for £47,500 in November 2012, which was around 50% below the average November 2012 terraced price in the Amber Valley local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was D.

126 SOMERCOTES HILL Sold Prices

Land registry data shows one sale for 126 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
2012 9 NOV	£47,500	£95,764	50% below HPI

What might 126 SOMERCOTES HILL be worth now?

126 SOMERCOTES HILL might now be worth an estimated £87,765.

This is based on house price inflation of 84.8%, between November 2012 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 84.8% inflationary increase is applied to the most recent sale price for 126 SOMERCOTES HILL of £47,500 on 9th November 2012. For the value to have increased from £47,500 to £87,765 over the fourteen years and six months to May 2026, the following assumptions must hold true:

• The value of 126 SOMERCOTES HILL has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The November 2012 sale price of £47,500 represented a fair market value for the property.
• The size, condition, and specification of 126 SOMERCOTES HILL has not materially changed since November 2012.

How Large is 126 SOMERCOTES HILL?

126 SOMERCOTES HILL is 88m², which includes two extensions, according to the EPC inspection conducted in October 2010. This puts it in the largest 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 126 SOMERCOTES HILL lies on this distribution: 72% of terraced houses are smaller than 126 SOMERCOTES HILL, and 27% of terraced houses are larger. Note that EPC data is not available for all properties in Somercotes.

126 SOMERCOTES HILL: Plot

126 SOMERCOTES HILL sits on a plot of roughly 0.052 of an acre, or 210m².

Where is 126 SOMERCOTES HILL?

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