FAIRWOOD, BURGHILL, HEREFORD, HR4 7RN - £415,000

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

FAIRWOOD is a very small detached house of 105m², built sometime between 1967 and 1975. It was last sold for £415,000 in September 2021, which was around 10% above the average September 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was A.

FAIRWOOD Sold Prices

Land registry data shows three sales for FAIRWOOD 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. One of the three FAIRWOOD sales was for above the average price, whilst two 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
2021 1 SEP	£415,000	£375,943	10% above HPI
2018 9 NOV	£344,100	£346,116	1% below HPI
1996 4 JAN	£82,500	£86,881	5% below HPI

FAIRWOOD 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 FAIRWOOD sales between January 1996 and September 2021 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 November 2018 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is FAIRWOOD?

FAIRWOOD is 105m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses in Burghill, based on EPC data. The below chart shows the distribution of detached houses by size in Burghill, and where FAIRWOOD lies on this distribution: 18% of detached houses are smaller than FAIRWOOD, and 82% of houses are larger. Note that EPC data is not available for all properties in Burghill.

FAIRWOOD: Plot and Title Map

FAIRWOOD sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of FAIRWOOD, 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 FAIRWOOD). 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 FAIRWOOD?

FAIRWOOD is located in BURGHILL, in the HR4 postcode district. The below map shows the position of FAIRWOOD in BURGHILL.