HOPBINE, MONKLAND, LEOMINSTER, HR6 9DB - £260,000

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

HOPBINE is a very small detached house of 98m², built sometime between 1996 and 2002. It was last sold for £260,000 in February 2019, which was around 22% below the average February 2019 detached price in the Herefordshire local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

HOPBINE Sold Prices

Land registry data shows two sales for HOPBINE 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 HOPBINE 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 27 FEB	£260,000	£334,392	22% below HPI
2018 21 DEC	£229,500	£342,804	33% below HPI

HOPBINE 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 HOPBINE sales from December 2018 and February 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 December 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2019 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is HOPBINE?

HOPBINE is 98m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in Monkland, based on EPC data. The below chart shows the distribution of detached houses by size in Monkland, and where HOPBINE lies on this distribution: 7% of detached houses are smaller than HOPBINE, and 93% of houses are larger. Note that EPC data is not available for all properties in Monkland.

HOPBINE: Plot and Title Map

HOPBINE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of HOPBINE, 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 HOPBINE). 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 HOPBINE?

HOPBINE is located in MONKLAND, in the HR6 postcode district. The below map shows the position of HOPBINE in MONKLAND.