2, SOMERSALL LANE, CHESTERFIELD, S40 3LA - £270,000

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

2 SOMERSALL LANE is a very small extended detached house of 76m², built sometime before 1900. It was last sold for £270,000 in March 2021, which was around 6% above the average March 2021 detached price in the Chesterfield local authority area. The most recent EPC inspection was November 2008, where the current energy rating was F, and the potential energy rating was E.

2 SOMERSALL LANE Sold Prices

Land registry data shows two sales for 2 SOMERSALL 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 Chesterfield local authority area for the corresponding sale date. One of the two 2 SOMERSALL LANE sales was for above the average price, whilst the other was 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 10 MAR	£270,000	£254,648	6% above HPI
2011 9 SEP	£125,000	£177,823	30% below HPI

2 SOMERSALL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chesterfield local authority area over time, sourced from the HPI. The two 2 SOMERSALL LANE sales from September 2011 and March 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 September 2011 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2021 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 2 SOMERSALL LANE?

2 SOMERSALL LANE is 76m², which includes two extensions, according to the EPC inspection conducted in November 2008. This puts it in the smallest 20% of detached houses in Chesterfield, based on EPC data. The below chart shows the distribution of detached houses by size in Chesterfield, and where 2 SOMERSALL LANE lies on this distribution: 15% of detached houses are smaller than 2 SOMERSALL LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Chesterfield.

2 SOMERSALL LANE: Plot and Title Map

2 SOMERSALL LANE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 2 SOMERSALL 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 2 SOMERSALL 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 2 SOMERSALL LANE?

2 SOMERSALL LANE is located in CHESTERFIELD, in the S40 postcode district. The below map shows the position of No. 2 on SOMERSALL LANE.