COTTS CORNER, LUGWARDINE, HEREFORD, HR1 4AB - £445,000

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

COTTS CORNER is a large extended detached house of 159m², built sometime between 1983 and 1990, which could now be worth an estimated £474,215. It was last sold for £445,000 in January 2022, which was around 8% above the average January 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

COTTS CORNER Sold Prices

Land registry data shows three sales for COTTS CORNER since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Two of the three COTTS CORNER sales were for above the average price, whilst one was 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
2022 17 JAN	£445,000	£410,473	8% above HPI
2020 21 AUG	£385,000	£360,158	7% above HPI
2013 15 FEB	£267,500	£269,261	1% below HPI

COTTS CORNER 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 three COTTS CORNER sales between February 2013 and January 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 August 2020 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2022 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might COTTS CORNER be worth now?

COTTS CORNER might now be worth an estimated £474,215.

This is based on house price inflation of 6.6%, between January 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 6.6% inflationary increase is applied to the most recent sale price for COTTS CORNER of £445,000 on 17th January 2022. For the value to have increased from £445,000 to £474,215 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of COTTS CORNER has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The January 2022 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of COTTS CORNER has not materially changed since January 2022.

How Large is COTTS CORNER?

COTTS CORNER is 159m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 40% of detached houses houses in Lugwardine, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lugwardine, and where COTTS CORNER lies on this distribution: 66% of detached houses houses are smaller than COTTS CORNER, and 34% of houses are larger. Note that EPC data is not available for all properties in Lugwardine.

COTTS CORNER: Plot and Title Map

COTTS CORNER sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of COTTS CORNER, 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 COTTS CORNER). 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 COTTS CORNER?

COTTS CORNER is located in LUGWARDINE, in the HR1 postcode district. The below map shows the position of COTTS CORNER in LUGWARDINE.