1, JAMES AVENUE, SOMERCOTES, ALFRETON, DE55 4GB - £103,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 JAMES AVENUE is a very small detached house of 69m², built sometime between 1996 and 2002. It was last sold for £103,000 in November 2003, which was around 33% below the average November 2003 detached price in the Amber Valley local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

1 JAMES AVENUE Sold Prices

Land registry data shows three sales for 1 JAMES AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 1 JAMES AVENUE 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
2003 20 NOV	£103,000	£152,876	33% below HPI
2002 26 APR	£69,950	£101,619	31% below HPI
1999 8 OCT	£56,995	£77,947	27% below HPI

1 JAMES AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 1 JAMES AVENUE sales between October 1999 and November 2003 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2002 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2003 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 1 JAMES AVENUE?

1 JAMES AVENUE is 69m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses in Somercotes, based on EPC data. The below chart shows the distribution of detached houses by size in Somercotes, and where 1 JAMES AVENUE lies on this distribution: 17% of detached houses are smaller than 1 JAMES AVENUE, and 83% of houses are larger. Note that EPC data is not available for all properties in Somercotes.

1 JAMES AVENUE: Plot and Title Map

1 JAMES AVENUE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 1 JAMES AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 JAMES AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 JAMES AVENUE?

1 JAMES AVENUE is located in SOMERCOTES, in the DE55 postcode district. The below map shows the position of No. 1 on JAMES AVENUE.