541, LOWER SOMERCOTES, SOMERCOTES, ALFRETON, DE55 4NS - £58,000

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.

541 LOWER SOMERCOTES is a midsized terraced house of 78m², built sometime between 1900 and 1929, which could now be worth an estimated £109,032. It was last sold for £58,000 in April 2010, which was around 38% below the average April 2010 terraced price in the Amber Valley local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

541 LOWER SOMERCOTES Sold Prices

Land registry data shows one sale for 541 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
2010 8 APR	£58,000	£94,022	38% below HPI

What might 541 LOWER SOMERCOTES be worth now?

541 LOWER SOMERCOTES might now be worth an estimated £109,032.

This is based on house price inflation of 88%, between April 2010 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 88% inflationary increase is applied to the most recent sale price for 541 LOWER SOMERCOTES of £58,000 on 8th April 2010. For the value to have increased from £58,000 to £109,032 over the sixteen years to April 2026, the following assumptions must hold true:

• The value of 541 LOWER SOMERCOTES has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The April 2010 sale price of £58,000 represented a fair market value for the property.
• The size, condition, and specification of 541 LOWER SOMERCOTES has not materially changed since April 2010.

How Large is 541 LOWER SOMERCOTES?

541 LOWER SOMERCOTES is 78m² according to the EPC inspection conducted in February 2024. This puts it in the largest 50% of terraced houses in Somercotes, based on EPC data. The below chart shows the distribution of terraced houses by size in Somercotes, and where 541 LOWER SOMERCOTES lies on this distribution: 56% of terraced houses are smaller than 541 LOWER SOMERCOTES, and 43% of terraced houses are larger. Note that EPC data is not available for all properties in Somercotes.

541 LOWER SOMERCOTES: Plot

541 LOWER SOMERCOTES sits on a plot of roughly 0.050 of an acre, or 202m².

Where is 541 LOWER SOMERCOTES?

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