HOUSE OF PROMISE, WESTGATE, LEOMINSTER, HR6 8SA - £359,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

HOUSE OF PROMISE is a very large detached house of 258m², built sometime between 1996 and 2002. It was last sold for £359,000 in October 2007, which was around 23% above the average October 2007 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was C.

HOUSE OF PROMISE Sold Prices

Land registry data shows two sales for HOUSE OF PROMISE 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. One of the two HOUSE OF PROMISE sales was for above the average price, whilst the other 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
2007 26 OCT	£359,000	£292,609	23% above HPI
2000 30 NOV	£40,000	£135,536	70% below HPI

HOUSE OF PROMISE 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 HOUSE OF PROMISE sales from November 2000 and October 2007 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 November 2000 sale was for 70% below the HPI. So the extrapolation line tracks at 70% below the HPI over time, until the October 2007 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is HOUSE OF PROMISE?

HOUSE OF PROMISE is 258m² according to the EPC inspection conducted in September 2012. This puts it in the largest 10% of detached houses in Leominster, based on EPC data. The below chart shows the distribution of detached houses by size in Leominster, and where HOUSE OF PROMISE lies on this distribution: 99% of detached houses are smaller than HOUSE OF PROMISE, and 1% of houses are larger. Note that EPC data is not available for all properties in Leominster.

HOUSE OF PROMISE: Plot and Title Map

HOUSE OF PROMISE sits on a plot of roughly 0.165 of an acre, or 669m². The below map shows the location of HOUSE OF PROMISE, 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 HOUSE OF PROMISE). 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 HOUSE OF PROMISE?

HOUSE OF PROMISE is located on WESTGATE in LEOMINSTER, in the HR6 postcode district. The below map shows the position of HOUSE OF PROMISE on WESTGATE.