THE LAURELS, WESTHOPE, HEREFORD, HR4 8BU - £695,200

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

THE LAURELS is a large extended detached house of 163m², built sometime before 1900. It was last sold for £695,200 in January 2022, which was around 72% above the average January 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was C.

THE LAURELS Sold Prices

Land registry data shows two sales for THE LAURELS 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 LAURELS 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
2022 19 JAN	£695,200	£404,842	72% above HPI
2014 24 NOV	£442,500	£290,110	53% above HPI

THE LAURELS 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 LAURELS sales from November 2014 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 November 2014 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the January 2022 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

How Large is THE LAURELS?

THE LAURELS is 163m², which includes two extensions, according to the EPC inspection conducted in July 2012. This puts it in the largest 40% of detached houses in Westhope, based on EPC data. The below chart shows the distribution of detached houses by size in Westhope, and where THE LAURELS lies on this distribution: 66% of detached houses are smaller than THE LAURELS, and 34% of houses are larger. Note that EPC data is not available for all properties in Westhope.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 2.1 acres, or 8,681m². The below map shows the location of THE LAURELS, 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 LAURELS). 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 LAURELS?

THE LAURELS is located in WESTHOPE, in the HR4 postcode district. The below map shows the position of THE LAURELS in WESTHOPE.