7, DOVECOTE LANE, CREDENHILL, HEREFORD, HR4 7FA - £405,000

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

7 DOVECOTE LANE is a very large detached house of 138m², built sometime between 1991 and 1995. It was last sold for £405,000 in December 2022, which was around 6% below the average December 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

7 DOVECOTE LANE Sold Prices

Land registry data shows four sales for 7 DOVECOTE LANE 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. Most of the four 7 DOVECOTE LANE 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 9 DEC	£405,000	£432,960	6% below HPI
2012 24 AUG	£242,000	£276,431	12% below HPI
2006 5 MAY	£242,000	£260,942	7% below HPI
1999 22 JAN	£127,500	£108,113	18% above HPI

7 DOVECOTE LANE 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 7 DOVECOTE LANE sales between January 1999 and December 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 2012 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 7 DOVECOTE LANE?

7 DOVECOTE LANE is 138m² according to the EPC inspection conducted in September 2022. This puts it in the largest 20% of detached houses in Credenhill, based on EPC data. The below chart shows the distribution of detached houses by size in Credenhill, and where 7 DOVECOTE LANE lies on this distribution: 82% of detached houses are smaller than 7 DOVECOTE LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Credenhill.

7 DOVECOTE LANE: Plot and Title Map

7 DOVECOTE LANE sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 7 DOVECOTE LANE, 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 7 DOVECOTE LANE). 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 7 DOVECOTE LANE?

7 DOVECOTE LANE is located in CREDENHILL, in the HR4 postcode district. The below map shows the position of No. 7 on DOVECOTE LANE.