NORTH COTTAGE, GORSLEY, ROSS-ON-WYE, HR9 7SE - £399,000

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.

NORTH COTTAGE is a small extended detached house of 130m², built sometime before 1900, which could now be worth an estimated £575,995. It was last sold for £399,000 in November 2015, which was around 30% above the average November 2015 detached price in the Herefordshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

NORTH COTTAGE Sold Prices

Land registry data shows three sales for NORTH COTTAGE 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 NORTH COTTAGE sales were 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
2015 25 NOV	£399,000	£306,831	30% above HPI
2005 5 AUG	£360,000	£257,245	40% above HPI
2002 15 MAR	£250,000	£154,978	61% above HPI

NORTH 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 three NORTH COTTAGE sales between March 2002 and November 2015 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 August 2005 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the November 2015 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might NORTH COTTAGE be worth now?

NORTH COTTAGE might now be worth an estimated £575,995.

This is based on house price inflation of 44.4%, between November 2015 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 44.4% inflationary increase is applied to the most recent sale price for NORTH COTTAGE of £399,000 on 25th November 2015. For the value to have increased from £399,000 to £575,995 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of NORTH COTTAGE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The November 2015 sale price of £399,000 represented a fair market value for the property.
• The size, condition, and specification of NORTH COTTAGE has not materially changed since November 2015.

How Large is NORTH COTTAGE?

NORTH COTTAGE is 130m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses houses in Gorsley Common, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gorsley Common, and where NORTH COTTAGE lies on this distribution: 37% of detached houses houses are smaller than NORTH COTTAGE, and 63% of houses are larger. Note that EPC data is not available for all properties in Gorsley Common.

NORTH COTTAGE: Plot and Title Map

NORTH COTTAGE sits on a plot of roughly 0.231 of an acre, or 936m². The below map shows the location of NORTH 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 NORTH 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 NORTH COTTAGE?

NORTH COTTAGE is located in GORSLEY, in the HR9 postcode district. The below map shows the position of NORTH COTTAGE in GORSLEY.