491, LOWER SOMERCOTES, SOMERCOTES, ALFRETON, DE55 4NS - £18,000

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.

491 LOWER SOMERCOTES is a terraced house, which could now be worth an estimated £88,066. It was last sold for £18,000 in December 1999, which was around 50% below the average December 1999 terraced price in the Amber Valley local authority area.

491 LOWER SOMERCOTES Sold Prices

Land registry data shows one sale for 491 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
1999 17 DEC	£18,000	£36,126	50% below HPI

What might 491 LOWER SOMERCOTES be worth now?

491 LOWER SOMERCOTES might now be worth an estimated £88,066.

This is based on house price inflation of 389.3%, between December 1999 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 389.3% inflationary increase is applied to the most recent sale price for 491 LOWER SOMERCOTES of £18,000 on 17th December 1999. For the value to have increased from £18,000 to £88,066 over the 27 years and eight months to April 2026, the following assumptions must hold true:

• The value of 491 LOWER SOMERCOTES has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The December 1999 sale price of £18,000 represented a fair market value for the property.
• The size, condition, and specification of 491 LOWER SOMERCOTES has not materially changed since December 1999.

Where is 491 LOWER SOMERCOTES?

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