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
2 OAK WILLOWS is a very large detached house of 252m². It was last sold for £720,000 in April 2023, which was around 70% above the average April 2023 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 2 OAK WILLOWS since 1st 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. Both of the two 2 OAK WILLOWS sales were 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 |
---|---|---|---|
2023 25 APR | £720,000 | £423,676 | 70% above HPI |
2014 30 SEP | £500,000 | £288,779 | 73% above HPI |
The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two 2 OAK WILLOWS sales from September 2014 and April 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 September 2014 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the April 2023 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.
2 OAK WILLOWS is 252m² according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses by size in Hereford, and where 2 OAK WILLOWS lies on this distribution: 98% of detached houses are smaller than 2 OAK WILLOWS, and 2% of houses are larger. Note that EPC data is not available for all properties in Hereford.
2 OAK WILLOWS sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of 2 OAK WILLOWS, 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 2 OAK WILLOWS). 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.
2 OAK WILLOWS is located on ROMAN ROAD in BURCOTT, in the HR1 postcode district. The below map shows the position of 2 OAK WILLOWS on ROMAN ROAD.