BANK HOUSE, BRIDGE STREET, PEMBRIDGE, LEOMINSTER, HR6 9ES - £340,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

BANK HOUSE is a midsized detached house of 112m², built sometime between 1900 and 1929. It was last sold for £340,000 in April 2018, which was around 2% above the average April 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was A.

BANK HOUSE Sold Prices

Land registry data shows two sales for BANK HOUSE since 1^st 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. One of the two BANK HOUSE sales was for above the average price, whilst the other was 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
2018 20 APR	£340,000	£334,388	2% above HPI
2010 20 MAY	£193,000	£266,161	27% below HPI

BANK HOUSE 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 two BANK HOUSE sales from May 2010 and April 2018 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 May 2010 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2018 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is BANK HOUSE?

BANK HOUSE is 112m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% of detached houses in Pembridge, based on EPC data. The below chart shows the distribution of detached houses by size in Pembridge, and where BANK HOUSE lies on this distribution: 45% of detached houses are smaller than BANK HOUSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Pembridge.

BANK HOUSE: Plot and Title Map

BANK HOUSE sits on a plot of roughly 0.171 of an acre, or 692m². The below map shows the location of BANK HOUSE, 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 HOUSE). 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 HOUSE?

BANK HOUSE is located on BRIDGE STREET in PEMBRIDGE, in the HR6 postcode district. The below map shows the position of BANK HOUSE on BRIDGE STREET.