TURN PIKE COTTAGE, THE HOMEND, LEDBURY, HR8 1AP - £335,000

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

TURN PIKE COTTAGE is a large extended detached house of 119m², built sometime before 1900. It was last sold for £335,000 in August 2021, which was around 11% below the average August 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

TURN PIKE COTTAGE Sold Prices

Land registry data shows two sales for TURN PIKE 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 TURN PIKE 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
2021 5 AUG	£335,000	£374,366	11% below HPI
1999 5 MAY	£94,000	£109,285	14% below HPI

TURN PIKE 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 TURN PIKE COTTAGE sales from May 1999 and August 2021 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 May 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is TURN PIKE COTTAGE?

TURN PIKE COTTAGE is 119m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the largest 40% of detached houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses by size in Ledbury, and where TURN PIKE COTTAGE lies on this distribution: 62% of detached houses are smaller than TURN PIKE COTTAGE, and 37% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

TURN PIKE COTTAGE: Plot and Title Map

TURN PIKE COTTAGE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of TURN PIKE 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 TURN PIKE 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 TURN PIKE COTTAGE?

TURN PIKE COTTAGE is located on THE HOMEND in LEDBURY, in the HR8 postcode district. The below map shows the position of TURN PIKE COTTAGE on THE HOMEND.