539, LOWER SOMERCOTES, SOMERCOTES, ALFRETON, DE55 4NS - £82,000

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.

539 LOWER SOMERCOTES is a large extended terraced house of 81m², built sometime between 1900 and 1929, which could now be worth an estimated £123,671. It was last sold for £82,000 in August 2017, which was around 30% below the average August 2017 terraced price in the Amber Valley local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

539 LOWER SOMERCOTES Sold Prices

Land registry data shows one sale for 539 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
2017 7 AUG	£82,000	£117,193	30% below HPI

What might 539 LOWER SOMERCOTES be worth now?

539 LOWER SOMERCOTES might now be worth an estimated £123,671.

This is based on house price inflation of 50.8%, between August 2017 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 50.8% inflationary increase is applied to the most recent sale price for 539 LOWER SOMERCOTES of £82,000 on 7th August 2017. For the value to have increased from £82,000 to £123,671 over the nine years and four months to April 2026, the following assumptions must hold true:

• The value of 539 LOWER SOMERCOTES has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The August 2017 sale price of £82,000 represented a fair market value for the property.
• The size, condition, and specification of 539 LOWER SOMERCOTES has not materially changed since August 2017.

How Large is 539 LOWER SOMERCOTES?

539 LOWER SOMERCOTES is 81m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 40% of terraced houses in Somercotes, based on EPC data. The below chart shows the distribution of terraced houses by size in Somercotes, and where 539 LOWER SOMERCOTES lies on this distribution: 62% of terraced houses are smaller than 539 LOWER SOMERCOTES, and 38% of terraced houses are larger. Note that EPC data is not available for all properties in Somercotes.

539 LOWER SOMERCOTES: Plot

539 LOWER SOMERCOTES sits on a plot of roughly 0.041 of an acre, or 166m².

Where is 539 LOWER SOMERCOTES?

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