1A, SCOTCH FIRS, FOWNHOPE, HEREFORD, HR1 4NW - £272,500

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

1A SCOTCH FIRS is a very small extended detached house of 74m², built sometime between 1976 and 1982. It was last sold for £272,500 in October 2023, which was around 37% below the average October 2023 detached price in the Herefordshire local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

1A SCOTCH FIRS Sold Prices

Land registry data shows four sales for 1A SCOTCH FIRS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the four 1A SCOTCH FIRS 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
2023 6 OCT	£272,500	£433,850	37% below HPI
2018 17 OCT	£200,000	£342,545	42% below HPI
2007 10 AUG	£240,000	£285,090	16% below HPI
1998 4 DEC	£68,000	£107,115	37% below HPI

1A SCOTCH FIRS 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 four 1A SCOTCH FIRS sales between December 1998 and October 2023 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 October 2018 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2023 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 1A SCOTCH FIRS?

1A SCOTCH FIRS is 74m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 10% of detached houses in Fownhope, based on EPC data. The below chart shows the distribution of detached houses by size in Fownhope, and where 1A SCOTCH FIRS lies on this distribution: 4% of detached houses are smaller than 1A SCOTCH FIRS, and 96% of houses are larger. Note that EPC data is not available for all properties in Fownhope.

1A SCOTCH FIRS: Plot and Title Map

1A SCOTCH FIRS sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 1A SCOTCH FIRS, 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 1A SCOTCH FIRS). 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 1A SCOTCH FIRS?

1A SCOTCH FIRS is located in FOWNHOPE, in the HR1 postcode district. The below map shows the position of No. 1A on SCOTCH FIRS.