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

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.

SOMERSET COTTAGE is a large extended detached house of 180m², built sometime before 1900, which could now be worth an estimated £486,201. It was last sold for £415,000 in November 2020, which was around 10% 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	£378,074	10% above HPI
2018 26 OCT	£398,000	£347,309	15% above HPI
2011 15 APR	£250,000	£280,690	11% 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 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2020 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might SOMERSET COTTAGE be worth now?

SOMERSET COTTAGE might now be worth an estimated £486,201.

This is based on house price inflation of 17.2%, between November 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 17.2% inflationary increase is applied to the most recent sale price for SOMERSET COTTAGE of £415,000 on 6th November 2020. For the value to have increased from £415,000 to £486,201 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of SOMERSET COTTAGE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The November 2020 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of SOMERSET COTTAGE has not materially changed since November 2020.

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 houses in Much Birch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Much Birch, and where SOMERSET COTTAGE lies on this distribution: 74% of detached houses houses are smaller than SOMERSET COTTAGE, and 26% 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.