2, THE WILLOWS, LOWER BULLINGHAM, HEREFORD, HR2 6DP - £165,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 THE WILLOWS is a very small terraced house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £181,231. It was last sold for £165,500 in May 2022, which was around 14% below the average May 2022 terraced price in the Herefordshire local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

2 THE WILLOWS Sold Prices

Land registry data shows five sales for 2 THE WILLOWS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Herefordshire local authority area for the corresponding sale date. Most of the five 2 THE WILLOWS 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
2022 5 MAY	£165,500	£192,018	14% below HPI
2011 22 OCT	£125,000	£127,248	2% below HPI
2001 10 JUL	£59,000	£61,057	3% below HPI
1999 15 DEC	£54,995	£51,733	6% above HPI
1995 3 NOV	£43,950	£39,673	11% above HPI

2 THE WILLOWS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Herefordshire local authority area over time, sourced from the HPI. The five 2 THE WILLOWS sales between November 1995 and May 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 October 2011 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 THE WILLOWS be worth now?

2 THE WILLOWS might now be worth an estimated £181,231.

This is based on house price inflation of 9.5%, between May 2022 and July 2025, for terraced houses, in the Herefordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.5% inflationary increase is applied to the most recent sale price for 2 THE WILLOWS of £165,500 on 5th May 2022. For the value to have increased from £165,500 to £181,231 over the two years and ten months to July 2025, the following assumptions must hold true:

• The value of 2 THE WILLOWS has moved in line with the HPI for terraced houses in the Herefordshire local authority area.
• The May 2022 sale price of £165,500 represented a fair market value for the property.
• The size, condition, and specification of 2 THE WILLOWS has not materially changed since May 2022.

How Large is 2 THE WILLOWS?

2 THE WILLOWS is 55m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of terraced houses houses in Hereford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hereford, and where 2 THE WILLOWS lies on this distribution: 1% of terraced houses houses are smaller than 2 THE WILLOWS, and 98% of houses are larger. Note that EPC data is not available for all properties in Hereford.

2 THE WILLOWS: Plot and Title Map

2 THE WILLOWS sits on a plot of roughly 0.026 of an acre, or 104m². The below map shows the location of 2 THE 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 THE 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.

Where is 2 THE WILLOWS?

2 THE WILLOWS is located in LOWER BULLINGHAM, in the HR2 postcode district. The below map shows the position of No. 2 on THE WILLOWS.