495, LOWER SOMERCOTES, SOMERCOTES, ALFRETON, DE55 4NS - £86,000

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.

495 LOWER SOMERCOTES is a terraced house, which could now be worth an estimated £145,646. It was last sold for £86,000 in November 2006, which was around 18% below the average November 2006 terraced price in the Amber Valley local authority area.

495 LOWER SOMERCOTES Sold Prices

Land registry data shows three sales for 495 LOWER SOMERCOTES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Amber Valley local authority area for the corresponding sale date. All of the three 495 LOWER SOMERCOTES 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 28 NOV	£86,000	£104,365	18% below HPI
2004 2 AUG	£74,950	£85,852	13% below HPI
1998 23 JAN	£15,000	£32,319	54% below HPI

What might 495 LOWER SOMERCOTES be worth now?

495 LOWER SOMERCOTES might now be worth an estimated £145,646.

This is based on house price inflation of 69.4%, between November 2006 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 69.4% inflationary increase is applied to the most recent sale price for 495 LOWER SOMERCOTES of £86,000 on 28th November 2006. For the value to have increased from £86,000 to £145,646 over the twenty years and seven months to April 2026, the following assumptions must hold true:

• The value of 495 LOWER SOMERCOTES has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The November 2006 sale price of £86,000 represented a fair market value for the property.
• The size, condition, and specification of 495 LOWER SOMERCOTES has not materially changed since November 2006.

Where is 495 LOWER SOMERCOTES?

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