263, SOMERCOTES HILL, SOMERCOTES, ALFRETON, DE55 4HX - £99,950

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

263 SOMERCOTES HILL is a very small extended semi-detached house of 70m², built sometime between 1930 and 1949. It was last sold for £99,950 in November 2019, which was around 61% below the average November 2019 detached price in the Amber Valley local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.

263 SOMERCOTES HILL Sold Prices

Land registry data shows five sales for 263 SOMERCOTES HILL since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the five 263 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
2019 22 NOV	£99,950	£256,978	61% below HPI
2017 28 JUL	£99,950	£232,289	57% below HPI
2014 25 JUL	£82,000	£200,131	59% below HPI
2007 18 DEC	£78,950	£210,447	62% below HPI
2002 25 OCT	£41,000	£122,773	67% below HPI

263 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 five 263 SOMERCOTES HILL sales between October 2002 and November 2019 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 2017 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the November 2019 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.

How Large is 263 SOMERCOTES HILL?

263 SOMERCOTES HILL is 70m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the smallest 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 263 SOMERCOTES HILL lies on this distribution: 18% of detached houses are smaller than 263 SOMERCOTES HILL, and 82% of houses are larger. Note that EPC data is not available for all properties in Somercotes.

263 SOMERCOTES HILL: Plot and Title Map

263 SOMERCOTES HILL sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 263 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 263 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 263 SOMERCOTES HILL?

263 SOMERCOTES HILL is located in SOMERCOTES, in the DE55 postcode district. The below map shows the position of No. 263 on SOMERCOTES HILL.