16, WATERMILL, WELLINGTON, HEREFORD, HR4 8BW - £315,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 WATERMILL is a very small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £315,000 in February 2022, which was around 23% below the average February 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

16 WATERMILL Sold Prices

Land registry data shows two sales for 16 WATERMILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. One of the two 16 WATERMILL sales was for below the average price, whilst the other was for above 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
2022 22 FEB	£315,000	£407,098	23% below HPI
1999 20 AUG	£117,000	£115,250	2% above HPI

16 WATERMILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two 16 WATERMILL sales from August 1999 and February 2022 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 August 1999 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 16 WATERMILL?

16 WATERMILL is 92m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of detached houses in Wellington, based on EPC data. The below chart shows the distribution of detached houses by size in Wellington, and where 16 WATERMILL lies on this distribution: 4% of detached houses are smaller than 16 WATERMILL, and 96% of houses are larger. Note that EPC data is not available for all properties in Wellington.

16 WATERMILL: Plot and Title Map

16 WATERMILL sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of 16 WATERMILL, 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 16 WATERMILL). 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 16 WATERMILL?

16 WATERMILL is located in WELLINGTON, in the HR4 postcode district. The below map shows the position of No. 16 on WATERMILL.