GRANGE FARM, BURGHILL, HEREFORD, HR4 7SE - £545,000

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.

GRANGE FARM is a midsized detached house of 137m², built sometime before 1900, which could now be worth an estimated £650,387. It was last sold for £545,000 in March 2021, which was around 48% above the average March 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was F, and the potential energy rating was B.

GRANGE FARM Sold Prices

Land registry data shows two sales for GRANGE FARM 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 GRANGE FARM sales were for above 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 MAR	£545,000	£367,217	48% above HPI
2009 26 JUN	£365,000	£254,929	43% above HPI

GRANGE FARM 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 GRANGE FARM sales from June 2009 and March 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 June 2009 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the March 2021 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might GRANGE FARM be worth now?

GRANGE FARM might now be worth an estimated £650,387.

This is based on house price inflation of 19.3%, between March 2021 and March 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 19.3% inflationary increase is applied to the most recent sale price for GRANGE FARM of £545,000 on 1st March 2021. For the value to have increased from £545,000 to £650,387 over the four years to March 2025, the following assumptions must hold true:

• The value of GRANGE FARM has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The March 2021 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of GRANGE FARM has not materially changed since March 2021.

How Large is GRANGE FARM?

GRANGE FARM is 137m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 50% of detached houses houses in Burghill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burghill, and where GRANGE FARM lies on this distribution: 43% of detached houses houses are smaller than GRANGE FARM, and 55% of houses are larger. Note that EPC data is not available for all properties in Burghill.

GRANGE FARM: Plot and Title Map

GRANGE FARM sits on a plot of roughly 0.154 of an acre, or 624m². The below map shows the location of GRANGE FARM, 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 GRANGE FARM). 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 GRANGE FARM?

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