BANNUT TREE COTTAGE, TOWNSEND PARK, LUSTON, LEOMINSTER, HR6 0DZ - £435,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

BANNUT TREE COTTAGE is a large extended detached house of 141m², built sometime between 2003 and 2006, which could now be worth an estimated £433,856. It was last sold for £435,000 in October 2023, which was around 1% below the average October 2023 detached price in the Herefordshire local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

BANNUT TREE COTTAGE Sold Prices

Land registry data shows two sales for BANNUT TREE COTTAGE 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 BANNUT TREE COTTAGE sales was for below the average price, whilst the other 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
2023 20 OCT	£435,000	£438,574	1% below HPI
2006 18 OCT	£350,000	£278,444	26% above HPI

BANNUT TREE 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 two BANNUT TREE COTTAGE sales from October 2006 and October 2023 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 2006 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2023 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might BANNUT TREE COTTAGE be worth now?

BANNUT TREE COTTAGE might now be worth an estimated £433,856.

This is based on house price deflation of 0.3%, between October 2023 and December 2024, for detached 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 0.3% deflationary decrease is applied to the most recent sale price for BANNUT TREE COTTAGE of £435,000 on 20th October 2023. For the value to have decreased from £435,000 to £433,856 over the ten months to December 2024, the following assumptions must hold true:

• The value of BANNUT TREE COTTAGE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The October 2023 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of BANNUT TREE COTTAGE has not materially changed since October 2023.

How Large is BANNUT TREE COTTAGE?

BANNUT TREE COTTAGE is 141m², which includes three extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 40% of detached houses houses in Luston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Luston, and where BANNUT TREE COTTAGE lies on this distribution: 66% of detached houses houses are smaller than BANNUT TREE COTTAGE, and 34% of houses are larger. Note that EPC data is not available for all properties in Luston.

BANNUT TREE COTTAGE: Plot and Title Map

BANNUT TREE COTTAGE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of BANNUT TREE 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 BANNUT TREE 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 BANNUT TREE COTTAGE?

BANNUT TREE COTTAGE is located on TOWNSEND PARK in LUSTON, in the HR6 postcode district. The below map shows the position of BANNUT TREE COTTAGE on TOWNSEND PARK.