2, Farm Close
2, Farm Close
Description & Estimates
Public records show 2, Farm Close, Alfreton to be a mid-century freehold house with 1,205 ft2 of internal area, sitting on a 580 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
2, Farm Close, Alfreton has an estimated sale value of £279,805 and an estimated rental value of £1,083 per month, assuming reasonable condition and based on the information available.
Farm Close, Somercotes, Alfreton, DE55 lies in the borough of Amber Valley, within the DE55 postal district.
Our Data Sources
2, Farm Close, Alfreton has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated January 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, Farm Close, Alfreton would be worth £293,795, with a potential rental value of £1,137 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £260,219, with a rental value of £1,007 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Farm Close, Alfreton has declined by £9,133 (3.3%) over the last year. During the same period, its estimated monthly rental value has climbed by £12 (1.1%). The property's estimated gross yield is currently 4.6%.
Plot Size
2, Farm Close, Alfreton occupies a 580 m2 plot as recorded by HM Land Registry.
Of the 7 other houses in this postcode, 6 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
2, Farm Close, Alfreton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Jan 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Farm Close, Alfreton last changed hands on 13th November 2020, selling for £258,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 29.3% since November 2020.
- Sold Nov 2020£258,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 480 metres of 2, Farm Close, Alfreton across the last 2 years.
Most recently, 9, Beauchief Gardens, Alfreton, DE55 4NP, a freehold house, sold at £250,000 on the 4th November 2024.
Read more about house prices in DE55.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 2, Farm Close, Alfreton as the 5th largest and the 5th most expensive of the 7 addresses on Farm Close, Somercotes, Alfreton, DE55.
Against the DE55 postcode district average, it is £75k more expensive than the typical property.
More reading links
Schools Nearby
- 0mSomerlea Park Junior School
- 200mSomercotes Infant and Nursery School
- 900mRiddings Infant and Nursery School
- 2.0kmSwanwick Hall School
- 2.0kmDavid Nieper Academy
- 3.5kmFrederick Gent School
More reading links
Public Transport Nearby
Alfreton station is the nearest stop to 2, Farm Close, Alfreton at 2.4 kilometres away.
- 2.4kmAlfreton
- 7.2kmLangley Mill
- 7.7kmAmbergate
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
