351, SOMERCOTES HILL, SOMERCOTES, ALFRETON, DE55 4JX - £118,000

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

351 SOMERCOTES HILL is a very small extended detached house of 60m², built sometime before 1900. It was last sold for £118,000 in July 2022, which was around 62% below the average July 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

351 SOMERCOTES HILL Sold Prices

Land registry data shows four sales for 351 SOMERCOTES HILL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the four 351 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
2022 8 JUL	£118,000	£311,018	62% below HPI
2018 9 FEB	£39,999	£238,524	83% below HPI
2009 1 OCT	£58,000	£185,453	69% below HPI
2000 27 APR	£25,000	£80,566	69% below HPI

351 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 four 351 SOMERCOTES HILL sales between April 2000 and July 2022 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 2018 sale was for 83% below the HPI. So the extrapolation line tracks at 83% below the HPI over time, until the July 2022 sale, where it rises to 62% below the HPI. The line then continues to track at 62% below the HPI.

How Large is 351 SOMERCOTES HILL?

351 SOMERCOTES HILL is 60m², which includes one extension, according to the EPC inspection conducted in May 2019. 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 351 SOMERCOTES HILL lies on this distribution: 15% of detached houses are smaller than 351 SOMERCOTES HILL, and 85% of houses are larger. Note that EPC data is not available for all properties in Somercotes.

351 SOMERCOTES HILL: Plot and Title Map

351 SOMERCOTES HILL sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 351 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 351 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 351 SOMERCOTES HILL?

351 SOMERCOTES HILL is located in SOMERCOTES, in the DE55 postcode district. The below map shows the position of No. 351 on SOMERCOTES HILL.