256, SOMERCOTES HILL, SOMERCOTES, ALFRETON, DE55 4JS - £185,000

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.

256 SOMERCOTES HILL is a detached house, which could now be worth an estimated £307,517. It was last sold for £185,000 in August 2007, which was around 10% below the average August 2007 detached price in the Amber Valley local authority area.

256 SOMERCOTES HILL Sold Prices

Land registry data shows two sales for 256 SOMERCOTES HILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 256 SOMERCOTES HILL 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
2007 31 AUG	£185,000	£205,625	10% below HPI
2000 11 AUG	£75,000	£83,361	10% below HPI

What might 256 SOMERCOTES HILL be worth now?

256 SOMERCOTES HILL might now be worth an estimated £307,517.

This is based on house price inflation of 66.2%, between August 2007 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 66.2% inflationary increase is applied to the most recent sale price for 256 SOMERCOTES HILL of £185,000 on 31st August 2007. For the value to have increased from £185,000 to £307,517 over the nineteen years and four months to April 2026, the following assumptions must hold true:

• The value of 256 SOMERCOTES HILL has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The August 2007 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 256 SOMERCOTES HILL has not materially changed since August 2007.

Where is 256 SOMERCOTES HILL?

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