8, WILLOW CLOSE, CREDENHILL, HEREFORD, HR4 7FE - £219,950

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

8 WILLOW CLOSE is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £219,950 in March 2022, which was around 46% below the average March 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

8 WILLOW CLOSE Sold Prices

Land registry data shows four sales for 8 WILLOW CLOSE 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 8 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
2022 18 MAR	£219,950	£407,355	46% below HPI
2005 25 JAN	£172,500	£250,403	31% below HPI
2002 1 MAR	£94,500	£152,852	38% below HPI
1999 3 DEC	£72,950	£119,522	39% below HPI

8 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 four 8 WILLOW CLOSE sales between December 1999 and March 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 January 2005 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2022 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 8 WILLOW CLOSE?

8 WILLOW CLOSE is 74m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses in Credenhill, based on EPC data. The below chart shows the distribution of detached houses by size in Credenhill, and where 8 WILLOW CLOSE lies on this distribution: 1% of detached houses are smaller than 8 WILLOW CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Credenhill.

8 WILLOW CLOSE: Plot and Title Map

8 WILLOW CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 8 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 8 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 8 WILLOW CLOSE?

8 WILLOW CLOSE is located in CREDENHILL, in the HR4 postcode district. The below map shows the position of No. 8 on WILLOW CLOSE.