248, SOMERCOTES HILL, SOMERCOTES, ALFRETON, DE55 4JS - £279,500

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

248 SOMERCOTES HILL is a large detached house of 112m², built sometime between 1996 and 2002. It was last sold for £279,500 in July 2023, which was around 11% below the average July 2023 detached price in the Amber Valley local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was C.

248 SOMERCOTES HILL Sold Prices

Land registry data shows three sales for 248 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 248 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
2023 19 JUL	£279,500	£314,231	11% below HPI
2010 1 FEB	£169,995	£184,189	8% below HPI
2007 28 MAR	£170,000	£199,140	15% below HPI

248 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 248 SOMERCOTES HILL sales between March 2007 and July 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 February 2010 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2023 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 248 SOMERCOTES HILL?

248 SOMERCOTES HILL is 112m² according to the EPC inspection conducted in April 2021. This puts it in the largest 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 248 SOMERCOTES HILL lies on this distribution: 61% of detached houses are smaller than 248 SOMERCOTES HILL, and 39% of houses are larger. Note that EPC data is not available for all properties in Somercotes.

248 SOMERCOTES HILL: Plot and Title Map

248 SOMERCOTES HILL sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 248 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 248 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 248 SOMERCOTES HILL?

248 SOMERCOTES HILL is located in SOMERCOTES, in the DE55 postcode district. The below map shows the position of No. 248 on SOMERCOTES HILL.