16, WILLOW CLOSE, CREDENHILL, HEREFORD, HR4 7FE - £282,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 WILLOW CLOSE is a small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £282,500 in December 2021, which was around 29% below the average December 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

16 WILLOW CLOSE Sold Prices

Land registry data shows three sales for 16 WILLOW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the three 16 WILLOW CLOSE sales were for below 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
2021 10 DEC	£282,500	£399,183	29% below HPI
2016 7 NOV	£225,000	£309,877	27% below HPI
1999 29 OCT	£92,500	£120,193	23% below HPI

16 WILLOW CLOSE 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 three 16 WILLOW CLOSE sales between October 1999 and December 2021 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 November 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 16 WILLOW CLOSE?

16 WILLOW CLOSE is 92m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of detached houses in Credenhill, based on EPC data. The below chart shows the distribution of detached houses by size in Credenhill, and where 16 WILLOW CLOSE lies on this distribution: 27% of detached houses are smaller than 16 WILLOW CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Credenhill.

16 WILLOW CLOSE: Plot and Title Map

16 WILLOW CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 16 WILLOW CLOSE, 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 WILLOW CLOSE). 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 WILLOW CLOSE?

16 WILLOW CLOSE is located in CREDENHILL, in the HR4 postcode district. The below map shows the position of No. 16 on WILLOW CLOSE.