DERNSIDE, BRIDGE LANE, WELLINGTON, HEREFORD, HR4 8AY - £295,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

DERNSIDE is a very small detached house of 86m², built sometime between 1976 and 1982. It was last sold for £295,000 in September 2017, which was around 10% below the average September 2017 detached price in the Herefordshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

DERNSIDE Sold Prices

Land registry data shows two sales for DERNSIDE 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 DERNSIDE 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
2017 22 SEP	£295,000	£327,801	10% below HPI
2015 11 SEP	£220,000	£300,639	27% below HPI

DERNSIDE 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 DERNSIDE sales from September 2015 and September 2017 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 September 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2017 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is DERNSIDE?

DERNSIDE is 86m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses in Wellington, based on EPC data. The below chart shows the distribution of detached houses by size in Wellington, and where DERNSIDE lies on this distribution: 1% of detached houses are smaller than DERNSIDE, and 99% of houses are larger. Note that EPC data is not available for all properties in Wellington.

DERNSIDE: Plot and Title Map

DERNSIDE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of DERNSIDE, 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 DERNSIDE). 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 DERNSIDE?

DERNSIDE is located on BRIDGE LANE in WELLINGTON, in the HR4 postcode district. The below map shows the position of DERNSIDE on BRIDGE LANE.