THE BUNGALOW, FORD STREET, WIGMORE, LEOMINSTER, HR6 9UW - £220,000

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

THE BUNGALOW is a very small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £220,000 in January 2022, which was around 46% below the average January 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was D.

THE BUNGALOW Sold Prices

Land registry data shows two sales for THE BUNGALOW 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 THE BUNGALOW 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
2022 26 JAN	£220,000	£404,842	46% below HPI
2009 23 SEP	£116,000	£263,350	56% below HPI

THE BUNGALOW 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 THE BUNGALOW sales from September 2009 and January 2022 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 September 2009 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the January 2022 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 92m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses in Wigmore, based on EPC data. The below chart shows the distribution of detached houses by size in Wigmore, and where THE BUNGALOW lies on this distribution: 17% of detached houses are smaller than THE BUNGALOW, and 83% of houses are larger. Note that EPC data is not available for all properties in Wigmore.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on FORD STREET in WIGMORE, in the HR6 postcode district. The below map shows the position of THE BUNGALOW on FORD STREET.