BOTANY BAY, EYE LANE, LUSTON, LEOMINSTER, HR6 0DS - £950,000

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

BOTANY BAY is a very large extended detached house of 188m², built sometime between 1983 and 1990, which could now be worth an estimated £994,776. It was last sold for £950,000 in June 2022, which was around 127% above the average June 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

BOTANY BAY Sold Prices

Land registry data shows four sales for BOTANY BAY 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 BOTANY BAY 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
2022 16 JUN	£950,000	£417,732	127% above HPI
2015 18 FEB	£574,000	£296,342	94% above HPI
2012 6 NOV	£475,000	£270,121	76% above HPI
2001 30 NOV	£160,000	£156,199	2% above HPI

BOTANY BAY 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 BOTANY BAY sales between November 2001 and June 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 February 2015 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the June 2022 sale, where it rises to 127% above the HPI. The line then continues to track at 127% above the HPI.

What might BOTANY BAY be worth now?

BOTANY BAY might now be worth an estimated £994,776.

This is based on house price inflation of 4.7%, between June 2022 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 4.7% inflationary increase is applied to the most recent sale price for BOTANY BAY of £950,000 on 16th June 2022. For the value to have increased from £950,000 to £994,776 over the one year and six months to December 2024, the following assumptions must hold true:

• The value of BOTANY BAY has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The June 2022 sale price of £950,000 represented a fair market value for the property.
• The size, condition, and specification of BOTANY BAY has not materially changed since June 2022.

How Large is BOTANY BAY?

BOTANY BAY is 188m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 20% 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 BOTANY BAY lies on this distribution: 86% of detached houses houses are smaller than BOTANY BAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Luston.

BOTANY BAY: Plot and Title Map

BOTANY BAY sits on a plot of roughly 3.1 acres, or 12,396m². The below map shows the location of BOTANY BAY, 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 BOTANY BAY). 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 BOTANY BAY?

BOTANY BAY is located on EYE LANE in LUSTON, in the HR6 postcode district. The below map shows the position of BOTANY BAY on EYE LANE.