TOWN WELL, STATION ROAD, CREDENHILL, HEREFORD, HR4 7DW - £710,000

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

TOWN WELL is a very large detached house of 140m². It was last sold for £710,000 in August 2023, which was around 64% above the average August 2023 detached price in the Herefordshire local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was C.

TOWN WELL Sold Prices

Land registry data shows three sales for TOWN WELL 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. All of the three TOWN WELL 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
2023 25 AUG	£710,000	£431,665	64% above HPI
2017 1 DEC	£430,000	£327,587	31% above HPI
1995 4 APR	£125,000	£85,891	46% above HPI

TOWN WELL 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 TOWN WELL sales between April 1995 and August 2023 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 December 2017 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the August 2023 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is TOWN WELL?

TOWN WELL is 140m² according to the EPC inspection conducted in May 2009. This puts it in the largest 20% of detached houses in Credenhill, based on EPC data. The below chart shows the distribution of detached houses by size in Credenhill, and where TOWN WELL lies on this distribution: 84% of detached houses are smaller than TOWN WELL, and 16% of houses are larger. Note that EPC data is not available for all properties in Credenhill.

TOWN WELL: Plot and Title Map

TOWN WELL sits on a plot of roughly 0.511 of an acre, or 2,069m². The below map shows the location of TOWN WELL, 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 TOWN WELL). 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 TOWN WELL?

TOWN WELL is located on STATION ROAD in CREDENHILL, in the HR4 postcode district. The below map shows the position of TOWN WELL on STATION ROAD.