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Shared ownership
1/10

3 bed house for sale Cornmill Drive, Somercotes, DE55

Asking price
£105,750
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Added on 25/09/2026

45% share · about £235,000 full value New home
Type
Semi-detached
Bedrooms
3
Bathrooms
1
Tenure
Leasehold

Key features

  • 45% Shared Ownership

About this property

** NEW RELEASE!! ** A brand new three bedroom semi-detached property available as a 45% shared ownership property in the popular Stanley Street development in Somercotes. The property briefly comprises of an entrance hallway, lounge, kitchen/diner, downstairs WC, three bedrooms, an upstairs bathroom, off road parking and a rear garden.

Council tax

Ask agent
Per year
  • Band A
    £1,605
  • Band B
    £1,873
  • Band C
    £2,140
  • Band D
    £2,408
  • Band E
    £2,943
  • Band F
    £3,478
  • Band G
    £4,013
  • Band H
    £4,815

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Amber Valley, 2026/27 bills run from £1,605 a year in band A to £4,815 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Amber Valley, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Location

Cornmill Drive, Somercotes, DE55

Part of a development

This home is in Stanley Street. See the scheme's facilities, developer and other homes there.

Stanley Street

Futures Housing Group · Somercotes

View development

Mortgage and stamp duty

Property price £105,750
£52k £159k
Deposit10% £11,000
£0 £106k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £94,750 mortgage. Most lenders would want a household income of about £22,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales in DE55. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
42, Birchwood Lane DE55 3DA Semi-detachedAug 2026883 sq ft £210/sq ft£185,000
209, Nottingham Road DE55 4JG Semi-detachedAug 2026936 sq ft £130/sq ft£121,500
31, Church Street DE55 6BJ DetachedAug 20262,443 sq ft £254/sq ft£620,000
43, Carter Lane East DE55 2DY Semi-detachedAug 20261,141 sq ft £144/sq ft£164,000
28, Peak Avenue DE55 4AR Semi-detachedAug 20261,012 sq ft £336/sq ft£340,000
The Laurels, Main Road DE55 6EH DetachedAug 2026n/a£580,000
66, Birchwood Lane DE55 3DB DetachedAug 20261,001 sq ft £175/sq ft£175,000
22, Blenheim Avenue DE55 1PQ DetachedAug 20261,270 sq ft £289/sq ft£367,000

Area insights

The neighbourhood around this property.

Marketed by
Burchell Edwards, Ripley
4 Grosvenor Road, RIPLEY, Derbyshire
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