HOMESTEAD, BROMSBERROW HEATH, LEDBURY, HR8 1PG - £405,000

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

HOMESTEAD is a small extended detached house of 122m², built sometime before 1900. It was last sold for £405,000 in September 2020, which was around 22% above the average September 2020 detached price in the Forest of Dean local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was D.

HOMESTEAD Sold Prices

Land registry data shows three sales for HOMESTEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. Two of the three HOMESTEAD sales were for above the average price, whilst one was 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
2020 30 SEP	£405,000	£332,698	22% above HPI
2016 10 JUN	£336,000	£258,557	30% above HPI
2013 20 NOV	£220,000	£229,438	4% below HPI

HOMESTEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The three HOMESTEAD sales between November 2013 and September 2020 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 June 2016 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2020 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is HOMESTEAD?

HOMESTEAD is 122m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% of detached houses in Bromesberrow Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Bromesberrow Heath, and where HOMESTEAD lies on this distribution: 39% of detached houses are smaller than HOMESTEAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Bromesberrow Heath.

HOMESTEAD: Plot and Title Map

HOMESTEAD sits on a plot of roughly 0.307 of an acre, or 1,241m². The below map shows the location of HOMESTEAD, 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 HOMESTEAD). 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 HOMESTEAD?

HOMESTEAD is located in BROMSBERROW HEATH, in the HR8 postcode district. The below map shows the position of HOMESTEAD in BROMSBERROW HEATH.