281, SOMERCOTES HILL, SOMERCOTES, ALFRETON, DE55 4HX - £85,000

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.

281 SOMERCOTES HILL is a terraced house, which could now be worth an estimated £143,060. It was last sold for £85,000 in October 2006, which was around 19% below the average October 2006 terraced price in the Amber Valley local authority area.

281 SOMERCOTES HILL Sold Prices

Land registry data shows two sales for 281 SOMERCOTES HILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Amber Valley local authority area for the corresponding sale date. Both of the two 281 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
2006 3 OCT	£85,000	£105,131	19% below HPI
2003 3 NOV	£56,000	£72,351	23% below HPI

What might 281 SOMERCOTES HILL be worth now?

281 SOMERCOTES HILL might now be worth an estimated £143,060.

This is based on house price inflation of 68.3%, between October 2006 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 68.3% inflationary increase is applied to the most recent sale price for 281 SOMERCOTES HILL of £85,000 on 3rd October 2006. For the value to have increased from £85,000 to £143,060 over the twenty years and five months to May 2026, the following assumptions must hold true:

• The value of 281 SOMERCOTES HILL has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The October 2006 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 281 SOMERCOTES HILL has not materially changed since October 2006.

Where is 281 SOMERCOTES HILL?

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