3, FARM CLOSE, SOMERCOTES, ALFRETON, DE55 4HN - £220,950

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

3 FARM CLOSE is a very large extended detached house of 143m², built sometime between 1900 and 1929. It was last sold for £220,950 in September 2007, which was around 6% above the average September 2007 detached price in the Amber Valley local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

3 FARM CLOSE Sold Prices

Land registry data shows three sales for 3 FARM CLOSE 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 3 FARM CLOSE sales were for above 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
2007 28 SEP	£220,950	£209,212	6% above HPI
2003 28 MAR	£165,000	£138,271	19% above HPI
1998 7 AUG	£95,000	£69,815	36% above HPI

3 FARM CLOSE 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 3 FARM CLOSE sales between August 1998 and September 2007 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 2003 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2007 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 3 FARM CLOSE?

3 FARM CLOSE is 143m², which includes one extension, according to the EPC inspection conducted in June 2018. 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 3 FARM CLOSE lies on this distribution: 83% of detached houses are smaller than 3 FARM CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Somercotes.

3 FARM CLOSE: Plot and Title Map

3 FARM CLOSE sits on a plot of roughly 0.162 of an acre, or 656m². The below map shows the location of 3 FARM CLOSE, 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 3 FARM CLOSE). 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 3 FARM CLOSE?

3 FARM CLOSE is located in SOMERCOTES, in the DE55 postcode district. The below map shows the position of No. 3 on FARM CLOSE.