HIGHCROFT, BELLE BANK AVENUE, HOLMER, HEREFORD, HR4 9RL - £212,000

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.

HIGHCROFT is a very small extended detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £338,449. It was last sold for £212,000 in January 2014, which was around 23% below the average January 2014 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

HIGHCROFT Sold Prices

Land registry data shows two sales for HIGHCROFT 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 HIGHCROFT 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
2014 10 JAN	£212,000	£274,499	23% below HPI
2009 14 SEP	£175,000	£267,014	34% below HPI

HIGHCROFT 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 HIGHCROFT sales from September 2009 and January 2014 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 2009 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2014 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might HIGHCROFT be worth now?

HIGHCROFT might now be worth an estimated £338,449.

This is based on house price inflation of 59.6%, between January 2014 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 59.6% inflationary increase is applied to the most recent sale price for HIGHCROFT of £212,000 on 10th January 2014. For the value to have increased from £212,000 to £338,449 over the ten years and ten months to March 2025, the following assumptions must hold true:

• The value of HIGHCROFT has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The January 2014 sale price of £212,000 represented a fair market value for the property.
• The size, condition, and specification of HIGHCROFT has not materially changed since January 2014.

How Large is HIGHCROFT?

HIGHCROFT is 78m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of detached houses houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hereford, and where HIGHCROFT lies on this distribution: 11% of detached houses houses are smaller than HIGHCROFT, and 89% of houses are larger. Note that EPC data is not available for all properties in Hereford.

HIGHCROFT: Plot and Title Map

HIGHCROFT sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of HIGHCROFT, 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 HIGHCROFT). 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 HIGHCROFT?

HIGHCROFT is located on BELLE BANK AVENUE in HOLMER, in the HR4 postcode district. The below map shows the position of HIGHCROFT on BELLE BANK AVENUE.