MILL HOUSE, BELLE BANK AVENUE, HOLMER, HEREFORD, HR4 9RL - £195,000

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.

MILL HOUSE is a midsized extended detached house of 109m², built sometime before 1900, which could now be worth an estimated £245,017. It was last sold for £195,000 in March 2020, which was around 45% below the average March 2020 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

MILL HOUSE Sold Prices

Land registry data shows three sales for MILL HOUSE 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 MILL HOUSE 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
2020 16 MAR	£195,000	£352,519	45% below HPI
2016 19 FEB	£173,000	£313,826	45% below HPI
2003 12 MAY	£150,000	£203,594	26% below HPI

MILL HOUSE 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 MILL HOUSE sales between May 2003 and March 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 February 2016 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the March 2020 sale, which was also at 45% below the HPI.

What might MILL HOUSE be worth now?

MILL HOUSE might now be worth an estimated £245,017.

This is based on house price inflation of 25.6%, between March 2020 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 25.6% inflationary increase is applied to the most recent sale price for MILL HOUSE of £195,000 on 16th March 2020. For the value to have increased from £195,000 to £245,017 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of MILL HOUSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The March 2020 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of MILL HOUSE has not materially changed since March 2020.

How Large is MILL HOUSE?

MILL HOUSE is 109m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 50% of detached houses houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hereford, and where MILL HOUSE lies on this distribution: 45% of detached houses houses are smaller than MILL HOUSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Hereford.

MILL HOUSE: Plot and Title Map

MILL HOUSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of MILL HOUSE, 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 MILL HOUSE). 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 MILL HOUSE?

MILL HOUSE is located on BELLE BANK AVENUE in HOLMER, in the HR4 postcode district. The below map shows the position of MILL HOUSE on BELLE BANK AVENUE.