GREENBANK, THE COMMON, WELLINGTON HEATH, LEDBURY, HR8 1LU - £267,000

GREENBANK is a midsized extended detached house of 134m², built sometime before 1900. It was last sold for £267,000 in October 2002, which was around 45% above the average October 2002 detached price in the Herefordshire local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

GREENBANK Sold Prices

Land registry data shows two sales for GREENBANK 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 GREENBANK 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
2002 24 OCT	£267,000	£184,533	45% above HPI
1997 22 AUG	£169,000	£98,195	72% above HPI

GREENBANK 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 GREENBANK sales from August 1997 and October 2002 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 1997 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the October 2002 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is GREENBANK?

GREENBANK is 134m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the smallest 50% of detached houses in Wellington Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Wellington Heath, and where GREENBANK lies on this distribution: 49% of detached houses are smaller than GREENBANK, and 51% of houses are larger. Note that EPC data is not available for all properties in Wellington Heath.

GREENBANK: Plot and Title Map

GREENBANK sits on a plot of roughly 0.329 of an acre, or 1,330m². The below map shows the location of GREENBANK, 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 GREENBANK). 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 GREENBANK?

GREENBANK is located on THE COMMON in WELLINGTON HEATH, in the HR8 postcode district. The below map shows the position of GREENBANK on THE COMMON.