TERRACOTTA COTTAGE, CANON PYON, HEREFORD, HR4 8NY - £195,000

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

TERRACOTTA COTTAGE is a very small detached house of 70m², built sometime between 1991 and 1995. It was last sold for £195,000 in August 2007, which was around 32% below the average August 2007 detached price in the Herefordshire local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

TERRACOTTA COTTAGE Sold Prices

Land registry data shows two sales for TERRACOTTA 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. Both of the two TERRACOTTA COTTAGE sales were 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
2007 10 AUG	£195,000	£285,090	32% below HPI
1999 21 OCT	£81,000	£120,193	33% below HPI

TERRACOTTA 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 TERRACOTTA COTTAGE sales from October 1999 and August 2007 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 1999 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2007 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is TERRACOTTA COTTAGE?

TERRACOTTA COTTAGE is 70m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses in Canon Pyon, based on EPC data. The below chart shows the distribution of detached houses by size in Canon Pyon, and where TERRACOTTA COTTAGE lies on this distribution: 3% of detached houses are smaller than TERRACOTTA COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Canon Pyon.

TERRACOTTA COTTAGE: Plot and Title Map

TERRACOTTA COTTAGE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of TERRACOTTA 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 TERRACOTTA 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 TERRACOTTA COTTAGE?

TERRACOTTA COTTAGE is located in CANON PYON, in the HR4 postcode district. The below map shows the position of TERRACOTTA COTTAGE in CANON PYON.