167, BIRCHWOOD LANE, SOMERCOTES, ALFRETON, DE55 4NF - £260,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

167 BIRCHWOOD LANE is a small detached house of 87m², built sometime between 1930 and 1949. It was last sold for £260,000 in November 2023, which was around 20% below the average November 2023 detached price in the Amber Valley local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

167 BIRCHWOOD LANE Sold Prices

Land registry data shows two sales for 167 BIRCHWOOD LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 167 BIRCHWOOD LANE 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
2023 1 NOV	£260,000	£324,914	20% below HPI
2015 31 JUL	£170,000	£213,533	20% below HPI

167 BIRCHWOOD LANE 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 two 167 BIRCHWOOD LANE sales from July 2015 and November 2023 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 July 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2023 sale, which was also at 20% below the HPI.

How Large is 167 BIRCHWOOD LANE?

167 BIRCHWOOD LANE is 87m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses in Somercotes, based on EPC data. The below chart shows the distribution of detached houses by size in Somercotes, and where 167 BIRCHWOOD LANE lies on this distribution: 38% of detached houses are smaller than 167 BIRCHWOOD LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Somercotes.

167 BIRCHWOOD LANE: Plot and Title Map

167 BIRCHWOOD LANE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 167 BIRCHWOOD LANE, 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 167 BIRCHWOOD LANE). 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 167 BIRCHWOOD LANE?

167 BIRCHWOOD LANE is located in SOMERCOTES, in the DE55 postcode district. The below map shows the position of No. 167 on BIRCHWOOD LANE.