TREETOPS, HORSE ROAD, WELLINGTON HEATH, LEDBURY, HR8 1LP - £280,000

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.

TREETOPS is a small detached house of 120m², built sometime between 1950 and 1966, which could now be worth an estimated £365,808. It was last sold for £280,000 in April 2018, which was around 17% below the average April 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was C.

TREETOPS Sold Prices

Land registry data shows two sales for TREETOPS 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 TREETOPS 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
2018 9 APR	£280,000	£339,039	17% below HPI
2009 23 JAN	£207,000	£258,406	20% below HPI

TREETOPS 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 TREETOPS sales from January 2009 and April 2018 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 January 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might TREETOPS be worth now?

TREETOPS might now be worth an estimated £365,808.

This is based on house price inflation of 30.6%, between April 2018 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 30.6% inflationary increase is applied to the most recent sale price for TREETOPS of £280,000 on 9th April 2018. For the value to have increased from £280,000 to £365,808 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of TREETOPS has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The April 2018 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of TREETOPS has not materially changed since April 2018.

How Large is TREETOPS?

TREETOPS is 120m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 40% of detached houses houses in Wellington Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wellington Heath, and where TREETOPS lies on this distribution: 31% of detached houses houses are smaller than TREETOPS, and 69% of houses are larger. Note that EPC data is not available for all properties in Wellington Heath.

TREETOPS: Plot and Title Map

TREETOPS sits on a plot of roughly 0.190 of an acre, or 769m². The below map shows the location of TREETOPS, 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 TREETOPS). 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 TREETOPS?

TREETOPS is located on HORSE ROAD in WELLINGTON HEATH, in the HR8 postcode district. The below map shows the position of TREETOPS on HORSE ROAD.