284, SOMERCOTES HILL, SOMERCOTES, ALFRETON, DE55 4TD - £43,500

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.

284 SOMERCOTES HILL is a semi-detached house, which could now be worth an estimated £170,884. It was last sold for £43,500 in November 2001, which was around 23% below the average November 2001 semi-detached price in the Amber Valley local authority area.

284 SOMERCOTES HILL Sold Prices

Land registry data shows two sales for 284 SOMERCOTES HILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 284 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
2001 21 NOV	£43,500	£56,782	23% below HPI
1995 25 SEP	£33,690	£36,229	7% below HPI

What might 284 SOMERCOTES HILL be worth now?

284 SOMERCOTES HILL might now be worth an estimated £170,884.

This is based on house price inflation of 292.8%, between November 2001 and May 2026, for semi-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 292.8% inflationary increase is applied to the most recent sale price for 284 SOMERCOTES HILL of £43,500 on 21st November 2001. For the value to have increased from £43,500 to £170,884 over the 25 years and six months to May 2026, the following assumptions must hold true:

• The value of 284 SOMERCOTES HILL has moved in line with the HPI for semi-detached houses in the Amber Valley local authority area.
• The November 2001 sale price of £43,500 represented a fair market value for the property.
• The size, condition, and specification of 284 SOMERCOTES HILL has not materially changed since November 2001.

Where is 284 SOMERCOTES HILL?

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