Apartment 2 The Cedars, 48 Somersall Lane

    APARTMENT 2 THE CEDARS, 48, SOMERSALL LANE, CHESTERFIELD, S40 3FL

    This flat/maisonette leasehold property on Somersall Lane last sold in May 2017 for £259,950. Based on price growth in the S40 district since then, its estimated current value is £272,597 — placing it in the 43rd percentile nationally and the 65th percentile within S40. The property covers 111 m² (1,195 sq ft), giving an estimated value of £2,456 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    111 m²

    (1,195 sq ft)

    Last Sale Price

    £259,950

    May 2017

    Estimated Valuation

    £272,597

    Est. £/m²

    £2,456/m²

    £228/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area111 m² (1,195 sq ft)
    EPC dateJun 2020
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 May 2017

    £259,950

    Key Metrics

    Estimated valuation£272,597
    Value per m² / sq ft£2,456/m² (£228/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    S40 district percentile65th percentile
    National percentile43rd percentile

    District Context — S40

    S40 covers Bolsover and surrounding areas in North Derbyshire, situated between Chesterfield and Mansfield. It is a predominantly working-class district with a mix of former mining communities and rural settlements, offering affordable housing in a post-industrial landscape.

    Average Property Price - S40

    £238,785

    24

    National percentile

    Average Net Household Income - S40

    £36,024

    37

    National percentile

    10-Year Annualised Price Growth - S40

    3.1%

    33

    National percentile

    10-Year Annualised Rent Growth - S

    3.6%

    36

    National percentile

    View full analysis for S40

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