569, LOWER SOMERCOTES, SOMERCOTES, ALFRETON, DE55 4NS - £400,000

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

569 LOWER SOMERCOTES is a very large extended detached house of 165m², built sometime between 1900 and 1929. It was last sold for £400,000 in June 2016, which was around 82% above the average June 2016 detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2014, where the current energy rating was F, and the potential energy rating was C.

569 LOWER SOMERCOTES Sold Prices

Land registry data shows two sales for 569 LOWER SOMERCOTES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 569 LOWER SOMERCOTES 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
2016 23 JUN	£400,000	£219,495	82% above HPI
2003 16 DEC	£240,000	£157,129	53% above HPI

569 LOWER SOMERCOTES 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 two 569 LOWER SOMERCOTES sales from December 2003 and June 2016 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 December 2003 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the June 2016 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

How Large is 569 LOWER SOMERCOTES?

569 LOWER SOMERCOTES is 165m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 10% of detached houses in Somercotes, based on EPC data. The below chart shows the distribution of detached houses by size in Somercotes, and where 569 LOWER SOMERCOTES lies on this distribution: 93% of detached houses are smaller than 569 LOWER SOMERCOTES, and 7% of houses are larger. Note that EPC data is not available for all properties in Somercotes.

569 LOWER SOMERCOTES: Plot and Title Map

569 LOWER SOMERCOTES sits on a plot of roughly 1.2 acres, or 5,041m². The below map shows the location of 569 LOWER SOMERCOTES, 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 569 LOWER SOMERCOTES). 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 569 LOWER SOMERCOTES?

569 LOWER SOMERCOTES is located in SOMERCOTES, in the DE55 postcode district. The below map shows the position of No. 569 on LOWER SOMERCOTES.