HOME FARM BARN, BURGHILL, HEREFORD, HR4 7RJ - £625,000

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.

HOME FARM BARN is a very large extended detached house of 195m², built sometime before 1900, which could now be worth an estimated £797,093. It was last sold for £625,000 in October 2018, which was around 80% above the average October 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

HOME FARM BARN Sold Prices

Land registry data shows two sales for HOME FARM BARN 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 HOME FARM BARN 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
2018 12 OCT	£625,000	£347,309	80% above HPI
1998 8 SEP	£235,000	£107,401	119% above HPI

HOME FARM BARN 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 HOME FARM BARN sales from September 1998 and October 2018 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 1998 sale was for 119% above the HPI. So the extrapolation line tracks at 119% above the HPI over time, until the October 2018 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might HOME FARM BARN be worth now?

HOME FARM BARN might now be worth an estimated £797,093.

This is based on house price inflation of 27.5%, between October 2018 and February 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 27.5% inflationary increase is applied to the most recent sale price for HOME FARM BARN of £625,000 on 12th October 2018. For the value to have increased from £625,000 to £797,093 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of HOME FARM BARN has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The October 2018 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of HOME FARM BARN has not materially changed since October 2018.

How Large is HOME FARM BARN?

HOME FARM BARN is 195m², which includes three extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 20% 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 HOME FARM BARN lies on this distribution: 80% of detached houses houses are smaller than HOME FARM BARN, and 20% of houses are larger. Note that EPC data is not available for all properties in Burghill.

HOME FARM BARN: Plot and Title Map

HOME FARM BARN sits on a plot of roughly 0.319 of an acre, or 1,290m². The below map shows the location of HOME FARM BARN, 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 HOME FARM BARN). 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 HOME FARM BARN?

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