HOLLY BANKS, THE COMMON, WELLINGTON HEATH, LEDBURY, HR8 1LY - £460,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

HOLLY BANKS is a large extended detached house of 172m², built sometime between 1976 and 1982. It was last sold for £460,000 in August 2019, which was around 35% above the average August 2019 detached price in the Herefordshire local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

HOLLY BANKS Sold Prices

Land registry data shows three sales for HOLLY BANKS 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. All of the three HOLLY BANKS 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
2019 12 AUG	£460,000	£341,884	35% above HPI
2015 13 MAR	£335,000	£290,693	15% above HPI
1999 21 SEP	£138,000	£117,868	17% above HPI

HOLLY BANKS 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 HOLLY BANKS sales between September 1999 and August 2019 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 March 2015 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2019 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is HOLLY BANKS?

HOLLY BANKS is 172m², which includes three extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 30% 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 HOLLY BANKS lies on this distribution: 77% of detached houses are smaller than HOLLY BANKS, and 21% of houses are larger. Note that EPC data is not available for all properties in Wellington Heath.

HOLLY BANKS: Plot and Title Map

HOLLY BANKS sits on a plot of roughly 0.297 of an acre, or 1,202m². The below map shows the location of HOLLY BANKS, 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 HOLLY BANKS). 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 HOLLY BANKS?

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