587, LOWER SOMERCOTES, SOMERCOTES, ALFRETON, DE55 4NS - £200,000

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.

587 LOWER SOMERCOTES is a very large extended terraced house of 142m², built sometime before 1900, which could now be worth an estimated £322,742. It was last sold for £200,000 in January 2016, which was around 83% above the average January 2016 terraced price in the Amber Valley local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

587 LOWER SOMERCOTES Sold Prices

Land registry data shows one sale for 587 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
2016 22 JAN	£200,000	£109,529	83% above HPI

What might 587 LOWER SOMERCOTES be worth now?

587 LOWER SOMERCOTES might now be worth an estimated £322,742.

This is based on house price inflation of 61.4%, between January 2016 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 61.4% inflationary increase is applied to the most recent sale price for 587 LOWER SOMERCOTES of £200,000 on 22nd January 2016. For the value to have increased from £200,000 to £322,742 over the nine years and nine months to April 2026, the following assumptions must hold true:

• The value of 587 LOWER SOMERCOTES has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The January 2016 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 587 LOWER SOMERCOTES has not materially changed since January 2016.

How Large is 587 LOWER SOMERCOTES?

587 LOWER SOMERCOTES is 142m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 10% of terraced houses in Somercotes, based on EPC data. The below chart shows the distribution of terraced houses by size in Somercotes, and where 587 LOWER SOMERCOTES lies on this distribution: 99% of terraced houses are smaller than 587 LOWER SOMERCOTES, and 1% of terraced houses are larger. Note that EPC data is not available for all properties in Somercotes.

587 LOWER SOMERCOTES: Plot

587 LOWER SOMERCOTES sits on a plot of roughly 0.094 of an acre, or 380m².

Where is 587 LOWER SOMERCOTES?

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