198, SOMERCOTES HILL, SOMERCOTES, ALFRETON, DE55 4JS - £162,500

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

198 SOMERCOTES HILL is a midsized extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £162,500 in June 2016, which was around 26% below the average June 2016 detached price in the Amber Valley local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

198 SOMERCOTES HILL Sold Prices

Land registry data shows three sales for 198 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 198 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
2016 20 JUN	£162,500	£219,495	26% below HPI
2005 23 JUN	£149,950	£188,526	20% below HPI
2003 22 AUG	£123,000	£148,884	17% below HPI

198 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 198 SOMERCOTES HILL sales between August 2003 and June 2016 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 June 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2016 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 198 SOMERCOTES HILL?

198 SOMERCOTES HILL is 110m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 50% of detached houses in Somercotes, based on EPC data. The below chart shows the distribution of detached houses by size in Somercotes, and where 198 SOMERCOTES HILL lies on this distribution: 59% of detached houses are smaller than 198 SOMERCOTES HILL, and 41% of houses are larger. Note that EPC data is not available for all properties in Somercotes.

198 SOMERCOTES HILL: Plot and Title Map

198 SOMERCOTES HILL sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 198 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 198 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 198 SOMERCOTES HILL?

198 SOMERCOTES HILL is located in SOMERCOTES, in the DE55 postcode district. The below map shows the position of No. 198 on SOMERCOTES HILL.