CORNER PATCH, SHOBDON, LEOMINSTER, HR6 9NE - £235,000

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

CORNER PATCH is a very small detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £295,748. It was last sold for £235,000 in December 2018, which was around 32% below the average December 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was E, and the potential energy rating was C.

CORNER PATCH Sold Prices

Land registry data shows two sales for CORNER PATCH 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 CORNER PATCH sales were 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 11 DEC	£235,000	£347,573	32% below HPI
1999 26 OCT	£87,500	£121,865	28% below HPI

CORNER PATCH 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 CORNER PATCH sales from October 1999 and December 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 October 1999 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2018 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might CORNER PATCH be worth now?

CORNER PATCH might now be worth an estimated £295,748.

This is based on house price inflation of 25.9%, between December 2018 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 25.9% inflationary increase is applied to the most recent sale price for CORNER PATCH of £235,000 on 11th December 2018. For the value to have increased from £235,000 to £295,748 over the six years to December 2024, the following assumptions must hold true:

• The value of CORNER PATCH has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The December 2018 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of CORNER PATCH has not materially changed since December 2018.

How Large is CORNER PATCH?

CORNER PATCH is 85m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of detached houses houses in Shobdon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shobdon, and where CORNER PATCH lies on this distribution: 8% of detached houses houses are smaller than CORNER PATCH, and 92% of houses are larger. Note that EPC data is not available for all properties in Shobdon.

CORNER PATCH: Plot and Title Map

CORNER PATCH sits on a plot of roughly 0.209 of an acre, or 846m². The below map shows the location of CORNER PATCH, 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 CORNER PATCH). 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 CORNER PATCH?

CORNER PATCH is located in SHOBDON, in the HR6 postcode district. The below map shows the position of CORNER PATCH in SHOBDON.