583, LOWER SOMERCOTES, SOMERCOTES, ALFRETON, DE55 4NS - £190,000

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

583 LOWER SOMERCOTES is a very large extended detached house of 151m², built sometime between 1983 and 1990. It was last sold for £190,000 in June 2012, which was around 3% above the average June 2012 detached price in the Amber Valley local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

583 LOWER SOMERCOTES Sold Prices

Land registry data shows two sales for 583 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. One of the two 583 LOWER SOMERCOTES sales was for above the average price, whilst the other was 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
2012 15 JUN	£190,000	£184,665	3% above HPI
2005 15 JUL	£185,000	£186,906	1% below HPI

583 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 583 LOWER SOMERCOTES sales from July 2005 and June 2012 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 2005 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2012 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 583 LOWER SOMERCOTES?

583 LOWER SOMERCOTES is 151m², which includes one extension, according to the EPC inspection conducted in November 2011. 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 583 LOWER SOMERCOTES lies on this distribution: 89% of detached houses are smaller than 583 LOWER SOMERCOTES, and 11% of houses are larger. Note that EPC data is not available for all properties in Somercotes.

583 LOWER SOMERCOTES: Plot and Title Map

583 LOWER SOMERCOTES sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 583 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 583 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 583 LOWER SOMERCOTES?

583 LOWER SOMERCOTES is located in SOMERCOTES, in the DE55 postcode district. The below map shows the position of No. 583 on LOWER SOMERCOTES.