6, FARM CLOSE, SOMERCOTES, ALFRETON, DE55 4HN - £320,000

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

6 FARM CLOSE is a large extended detached house of 132m², built sometime between 1967 and 1975. It was last sold for £320,000 in January 2023, which was around 3% below the average January 2023 detached price in the Amber Valley local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was C.

6 FARM CLOSE Sold Prices

Land registry data shows five sales for 6 FARM CLOSE 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. Most of the five 6 FARM CLOSE 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
2023 20 JAN	£320,000	£329,661	3% below HPI
2009 10 NOV	£170,000	£186,099	9% below HPI
2003 6 JUN	£132,000	£142,905	8% below HPI
2002 29 APR	£105,000	£101,619	3% above HPI
2001 2 MAR	£84,950	£92,600	8% below HPI

6 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 five 6 FARM CLOSE sales between March 2001 and January 2023 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 November 2009 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2023 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 6 FARM CLOSE?

6 FARM CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 30% of detached houses in Somercotes, based on EPC data. The below chart shows the distribution of detached houses by size in Somercotes, and where 6 FARM CLOSE lies on this distribution: 78% of detached houses are smaller than 6 FARM CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Somercotes.

6 FARM CLOSE: Plot and Title Map

6 FARM CLOSE sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 6 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 6 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 6 FARM CLOSE?

6 FARM CLOSE is located in SOMERCOTES, in the DE55 postcode district. The below map shows the position of No. 6 on FARM CLOSE.