PROSPECT COTTAGE, LITTLE BIRCH, HEREFORD, HR2 8BD - £550,000

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

PROSPECT COTTAGE is a very large extended detached house of 176m², built sometime before 1900. It was last sold for £550,000 in December 2018, which was around 60% above the average December 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was B.

PROSPECT COTTAGE Sold Prices

Land registry data shows three sales for PROSPECT 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 PROSPECT 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
2018 6 DEC	£550,000	£342,804	60% above HPI
2008 14 FEB	£480,000	£282,028	70% above HPI
2003 10 JUL	£280,000	£209,534	34% above HPI

PROSPECT 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 PROSPECT COTTAGE sales between July 2003 and December 2018 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 2008 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the December 2018 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is PROSPECT COTTAGE?

PROSPECT COTTAGE is 176m², which includes three extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 20% of detached houses in Little Birch, based on EPC data. The below chart shows the distribution of detached houses by size in Little Birch, and where PROSPECT COTTAGE lies on this distribution: 85% of detached houses are smaller than PROSPECT COTTAGE, and 13% of houses are larger. Note that EPC data is not available for all properties in Little Birch.

PROSPECT COTTAGE: Plot and Title Map

PROSPECT COTTAGE sits on a plot of roughly 1.3 acres, or 5,143m². The below map shows the location of PROSPECT 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 PROSPECT 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 PROSPECT COTTAGE?

PROSPECT COTTAGE is located in LITTLE BIRCH, in the HR2 postcode district. The below map shows the position of PROSPECT COTTAGE in LITTLE BIRCH.