MILLSTONE COTTAGE, STOKE PRIOR, LEOMINSTER, HR6 0NB - £228,000

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.

MILLSTONE COTTAGE is a small detached house of 122m², built sometime between 1983 and 1990, which could now be worth an estimated £350,324. It was last sold for £228,000 in June 2014, which was around 20% below the average June 2014 detached price in the Herefordshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was D.

MILLSTONE COTTAGE Sold Prices

Land registry data shows two sales for MILLSTONE COTTAGE 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 MILLSTONE COTTAGE sales was for below the average price, whilst the other was 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
2014 13 JUN	£228,000	£285,209	20% below HPI
2001 20 JUL	£200,000	£145,442	38% above HPI

MILLSTONE COTTAGE 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 MILLSTONE COTTAGE sales from July 2001 and June 2014 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 July 2001 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the June 2014 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might MILLSTONE COTTAGE be worth now?

MILLSTONE COTTAGE might now be worth an estimated £350,324.

This is based on house price inflation of 53.7%, between June 2014 and March 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 53.7% inflationary increase is applied to the most recent sale price for MILLSTONE COTTAGE of £228,000 on 13th June 2014. For the value to have increased from £228,000 to £350,324 over the eleven years and three months to March 2025, the following assumptions must hold true:

• The value of MILLSTONE COTTAGE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The June 2014 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of MILLSTONE COTTAGE has not materially changed since June 2014.

How Large is MILLSTONE COTTAGE?

MILLSTONE COTTAGE is 122m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% of detached houses houses in Stoke Prior, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stoke Prior, and where MILLSTONE COTTAGE lies on this distribution: 26% of detached houses houses are smaller than MILLSTONE COTTAGE, and 74% of houses are larger. Note that EPC data is not available for all properties in Stoke Prior.

MILLSTONE COTTAGE: Plot and Title Map

MILLSTONE COTTAGE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of MILLSTONE COTTAGE, 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 MILLSTONE COTTAGE). 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 MILLSTONE COTTAGE?

MILLSTONE COTTAGE is located in STOKE PRIOR, in the HR6 postcode district. The below map shows the position of MILLSTONE COTTAGE in STOKE PRIOR.