FORGE COTTAGE, STATION ROAD, CREDENHILL, HEREFORD, HR4 7EG - £380,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FORGE COTTAGE is a very large extended detached house of 151m², built sometime before 1900, which could now be worth an estimated £441,578. It was last sold for £380,000 in September 2021, which was about the average September 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was E.

FORGE COTTAGE Sold Prices

Land registry data shows two sales for FORGE 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. One of the two FORGE COTTAGE sales was roughly equal to the average price, whilst the other 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
2021 30 SEP	£380,000	£381,172	Close to HPI
2010 3 SEP	£230,000	£283,725	19% below HPI

FORGE 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 FORGE COTTAGE sales from September 2010 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 September 2010 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might FORGE COTTAGE be worth now?

FORGE COTTAGE might now be worth an estimated £441,578.

This is based on house price inflation of 16.2%, between September 2021 and February 2025, 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 16.2% inflationary increase is applied to the most recent sale price for FORGE COTTAGE of £380,000 on 30th September 2021. For the value to have increased from £380,000 to £441,578 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of FORGE COTTAGE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The September 2021 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of FORGE COTTAGE has not materially changed since September 2021.

How Large is FORGE COTTAGE?

FORGE COTTAGE is 151m², which includes two extensions, according to the EPC inspection conducted in July 2011. This puts it in the largest 20% of detached houses houses in Credenhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Credenhill, and where FORGE COTTAGE lies on this distribution: 89% of detached houses houses are smaller than FORGE COTTAGE, and 11% of houses are larger. Note that EPC data is not available for all properties in Credenhill.

FORGE COTTAGE: Plot and Title Map

FORGE COTTAGE sits on a plot of roughly 0.257 of an acre, or 1,041m². The below map shows the location of FORGE 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 FORGE 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 FORGE COTTAGE?

FORGE COTTAGE is located on STATION ROAD in CREDENHILL, in the HR4 postcode district. The below map shows the position of FORGE COTTAGE on STATION ROAD.