SOMERSET COTTAGE, MUCH BIRCH, HEREFORD, HR2 8HY - £415,000

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

SOMERSET COTTAGE is a large extended detached house of 180m², built sometime before 1900. It was last sold for £415,000 in November 2020, which was around 11% above the average November 2020 detached price in the Herefordshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was C.

SOMERSET COTTAGE Sold Prices

Land registry data shows three sales for SOMERSET 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. Two of the three SOMERSET COTTAGE sales were for above the average price, whilst one 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
2020 6 NOV	£415,000	£372,887	11% above HPI
2018 26 OCT	£398,000	£342,545	16% above HPI
2011 15 APR	£250,000	£276,840	10% below HPI

SOMERSET 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 SOMERSET COTTAGE sales between April 2011 and November 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 October 2018 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2020 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is SOMERSET COTTAGE?

SOMERSET COTTAGE is 180m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 30% of detached houses in Much Birch, based on EPC data. The below chart shows the distribution of detached houses by size in Much Birch, and where SOMERSET COTTAGE lies on this distribution: 75% of detached houses are smaller than SOMERSET COTTAGE, and 25% of houses are larger. Note that EPC data is not available for all properties in Much Birch.

SOMERSET COTTAGE: Plot and Title Map

SOMERSET COTTAGE sits on a plot of roughly 0.235 of an acre, or 951m². The below map shows the location of SOMERSET 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 SOMERSET 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 SOMERSET COTTAGE?

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