509, LOWER SOMERCOTES, SOMERCOTES, ALFRETON, DE55 4NS - £19,500

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.

509 LOWER SOMERCOTES is a terraced house, which could now be worth an estimated £94,187. It was last sold for £19,500 in June 2000, which was around 47% below the average June 2000 terraced price in the Amber Valley local authority area.

509 LOWER SOMERCOTES Sold Prices

Land registry data shows two sales for 509 LOWER SOMERCOTES 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 509 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
2000 2 JUN	£19,500	£36,593	47% below HPI
1998 4 DEC	£17,500	£32,467	46% below HPI

What might 509 LOWER SOMERCOTES be worth now?

509 LOWER SOMERCOTES might now be worth an estimated £94,187.

This is based on house price inflation of 383%, between June 2000 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 383% inflationary increase is applied to the most recent sale price for 509 LOWER SOMERCOTES of £19,500 on 2nd June 2000. For the value to have increased from £19,500 to £94,187 over the 26 years and two months to April 2026, the following assumptions must hold true:

• The value of 509 LOWER SOMERCOTES has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The June 2000 sale price of £19,500 represented a fair market value for the property.
• The size, condition, and specification of 509 LOWER SOMERCOTES has not materially changed since June 2000.

Where is 509 LOWER SOMERCOTES?

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