BANK COTTAGE, COUGHTON, ROSS-ON-WYE, HR9 5SE - £350,000

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

BANK COTTAGE is a small extended detached house of 125m², built sometime before 1900. It was last sold for £350,000 in September 2021, which was around 7% below the average September 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was B.

BANK COTTAGE Sold Prices

Land registry data shows three sales for BANK COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Two of the three BANK COTTAGE sales were for below the average price, whilst one was 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
2021 17 SEP	£350,000	£375,943	7% below HPI
1998 8 JAN	£104,000	£100,388	4% above HPI
1995 27 JAN	£73,000	£86,302	15% below HPI

BANK COTTAGE 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 three BANK COTTAGE sales between January 1995 and September 2021 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 1998 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is BANK COTTAGE?

BANK COTTAGE is 125m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the smallest 30% of detached houses in Coughton, based on EPC data. The below chart shows the distribution of detached houses by size in Coughton, and where BANK COTTAGE lies on this distribution: 28% of detached houses are smaller than BANK COTTAGE, and 72% of houses are larger. Note that EPC data is not available for all properties in Coughton.

BANK COTTAGE: Plot and Title Map

BANK COTTAGE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of BANK COTTAGE, 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 BANK COTTAGE). 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 BANK COTTAGE?

BANK COTTAGE is located in COUGHTON, in the HR9 postcode district. The below map shows the position of BANK COTTAGE in COUGHTON.