BOWER COTTAGE, MUCH MARCLE, LEDBURY, HR8 2NW - £285,000

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

BOWER COTTAGE is a midsized extended detached house of 119m², built sometime before 1900. It was last sold for £285,000 in February 2012, which was around 7% above the average February 2012 detached price in the Herefordshire local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

BOWER COTTAGE Sold Prices

Land registry data shows two sales for BOWER 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. Both of the two BOWER COTTAGE 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
2012 9 FEB	£285,000	£265,288	7% above HPI
1999 28 MAY	£132,500	£109,285	21% above HPI

BOWER 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 BOWER COTTAGE sales from May 1999 and February 2012 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 1999 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2012 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is BOWER COTTAGE?

BOWER COTTAGE is 119m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the smallest 50% of detached houses in Much Marcle, based on EPC data. The below chart shows the distribution of detached houses by size in Much Marcle, and where BOWER COTTAGE lies on this distribution: 48% of detached houses are smaller than BOWER COTTAGE, and 52% of houses are larger. Note that EPC data is not available for all properties in Much Marcle.

BOWER COTTAGE: Plot and Title Map

BOWER COTTAGE sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of BOWER 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 BOWER 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 BOWER COTTAGE?

BOWER COTTAGE is located in MUCH MARCLE, in the HR8 postcode district. The below map shows the position of BOWER COTTAGE in MUCH MARCLE.