According to the public record, 157, Somersall Lane, Chesterfield is a mid-century freehold house with 1,022 ft2 of internal area and sits on a 504 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Somersall Lane, Chesterfield, S40 is located in the borough of Chesterfield within the S40 postal district.
157, Somersall Lane, Chesterfield has a single entry in the Land Registry database from June 2016 and a single entry in the EPC database dated March 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 157 Somersall Lane Chesterfield as £412,356 and the rental value as £1,421 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 157 Somersall Lane Chesterfield has increased by £7,130 (1.7%) and its rental value has increased by £33 per month (2.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 157, Somersall Lane, Chesterfield is in very good condition we estimate a sale value of £432,974 and rental value of £1,492 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £383,491 and a rental value of £1,321 per month.
If you were able to purchase this property for the estimated value of £412,356, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,027 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 157, Somersall Lane, Chesterfield sits on a plot of 504m2.
We have plot size data on 14 out of 30 other houses in the postcode and 157, Somersall Lane, Chesterfield sits on the 6th largest plot.
According to HM Land Registry, 157, Somersall Lane, Chesterfield was last sold on 24 Jun 2016 for £299,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2016, the market for similar properties has risen 35.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 157, Somersall Lane, Chesterfield within a radius of 970 metres over the last 2 years.
The most recent example is 71, Miriam Avenue, Chesterfield, S40 3NF, a Freehold house which sold for £390,000 in Nov 2023.
Read more about house prices in S40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somersall Lane, Chesterfield, S40 has a total of 94 addresses. According to our analysis of all the public data, 157, Somersall Lane, Chesterfield is the 77th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £189k more expensive than the average property in S40.
157, Somersall Lane, Chesterfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Mar 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 157, Somersall Lane, Chesterfield is Chesterfield station which is 3.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 157, Somersall Lane, Chesterfield, 58.1% of property is privately owned outright and 33.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 157, Somersall Lane, Chesterfield, 13.0% of residents are recorded as possessing school level qualifications and 44.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 157, Somersall Lane, Chesterfield, the average age was 48.8 and the most common age was 72.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 157, Somersall Lane, Chesterfield, 0.7% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 157, Somersall Lane, Chesterfield, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.