HOLLY TREE COTTAGE, CREDENHILL, HEREFORD, HR4 7DE - £225,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

HOLLY TREE COTTAGE is a very small detached house of 86m², built sometime before 1900, which could now be worth an estimated £292,852. It was last sold for £225,000 in March 2019, which was around 33% below the average March 2019 detached price in the Herefordshire local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was B.

HOLLY TREE COTTAGE Sold Prices

Land registry data shows three sales for HOLLY TREE COTTAGE 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 TREE COTTAGE 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
2019 1 MAR	£225,000	£336,073	33% below HPI
2000 4 JAN	£30,000	£123,789	76% below HPI
1998 11 SEP	£92,000	£107,401	14% below HPI

HOLLY TREE 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 three HOLLY TREE COTTAGE sales between September 1998 and March 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 January 2000 sale was for 76% below the HPI. So the extrapolation line tracks at 76% below the HPI over time, until the March 2019 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might HOLLY TREE COTTAGE be worth now?

HOLLY TREE COTTAGE might now be worth an estimated £292,852.

This is based on house price inflation of 30.2%, between March 2019 and December 2024, 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 30.2% inflationary increase is applied to the most recent sale price for HOLLY TREE COTTAGE of £225,000 on 1st March 2019. For the value to have increased from £225,000 to £292,852 over the four years and three months to December 2024, the following assumptions must hold true:

• The value of HOLLY TREE COTTAGE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The March 2019 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of HOLLY TREE COTTAGE has not materially changed since March 2019.

How Large is HOLLY TREE COTTAGE?

HOLLY TREE COTTAGE is 86m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 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 HOLLY TREE COTTAGE lies on this distribution: 20% of detached houses houses are smaller than HOLLY TREE COTTAGE, and 79% of houses are larger. Note that EPC data is not available for all properties in Credenhill.

HOLLY TREE COTTAGE: Plot and Title Map

HOLLY TREE COTTAGE sits on a plot of roughly 0.230 of an acre, or 931m². The below map shows the location of HOLLY TREE 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 HOLLY TREE 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 HOLLY TREE COTTAGE?

HOLLY TREE COTTAGE is located in CREDENHILL, in the HR4 postcode district. The below map shows the position of HOLLY TREE COTTAGE in CREDENHILL.