BETHANY, LUSTON, LEOMINSTER, HR6 0EB - £475,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

BETHANY is a small detached house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £568,518. It was last sold for £475,000 in February 2021, which was around 28% above the average February 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

BETHANY Sold Prices

Land registry data shows four sales for BETHANY 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 BETHANY sales were 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 10 FEB	£475,000	£370,079	28% above HPI
2014 12 MAY	£380,000	£284,666	33% above HPI
2004 30 NOV	£315,000	£258,024	22% above HPI
1999 26 AUG	£165,000	£116,853	41% above HPI

BETHANY 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 BETHANY sales between August 1999 and February 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 May 2014 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the February 2021 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might BETHANY be worth now?

BETHANY might now be worth an estimated £568,518.

This is based on house price inflation of 19.7%, between February 2021 and February 2025, 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 19.7% inflationary increase is applied to the most recent sale price for BETHANY of £475,000 on 10th February 2021. For the value to have increased from £475,000 to £568,518 over the four years to February 2025, the following assumptions must hold true:

• The value of BETHANY has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The February 2021 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of BETHANY has not materially changed since February 2021.

How Large is BETHANY?

BETHANY is 105m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% 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 BETHANY lies on this distribution: 26% of detached houses houses are smaller than BETHANY, and 74% of houses are larger. Note that EPC data is not available for all properties in Luston.

BETHANY: Plot and Title Map

BETHANY sits on a plot of roughly 0.410 of an acre, or 1,658m². The below map shows the location of BETHANY, 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 BETHANY). 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 BETHANY?

BETHANY is located in LUSTON, in the HR6 postcode district. The below map shows the position of BETHANY in LUSTON.