196, SOMERCOTES HILL, SOMERCOTES, ALFRETON, DE55 4JS - £177,950

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

196 SOMERCOTES HILL is a very large extended detached house of 151m², built sometime before 1900. It was last sold for £177,950 in August 2021, which was around 38% below the average August 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

196 SOMERCOTES HILL Sold Prices

Land registry data shows three sales for 196 SOMERCOTES HILL 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 196 SOMERCOTES HILL 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
2021 17 AUG	£177,950	£286,612	38% below HPI
2009 13 MAR	£137,500	£178,870	23% below HPI
1996 9 JUL	£60,000	£63,920	6% below HPI

196 SOMERCOTES HILL 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 196 SOMERCOTES HILL sales between July 1996 and August 2021 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 March 2009 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 196 SOMERCOTES HILL?

196 SOMERCOTES HILL is 151m², which includes four extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 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 196 SOMERCOTES HILL lies on this distribution: 88% of detached houses are smaller than 196 SOMERCOTES HILL, and 12% of houses are larger. Note that EPC data is not available for all properties in Somercotes.

196 SOMERCOTES HILL: Plot and Title Map

196 SOMERCOTES HILL sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 196 SOMERCOTES HILL, 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 196 SOMERCOTES HILL). 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 196 SOMERCOTES HILL?

196 SOMERCOTES HILL is located in SOMERCOTES, in the DE55 postcode district. The below map shows the position of No. 196 on SOMERCOTES HILL.