WELL COTTAGE, BODENHAM, HEREFORD, HR1 3JT - £550,000

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.

WELL COTTAGE is a large extended detached house of 160m², built sometime before 1900, which could now be worth an estimated £571,613. It was last sold for £550,000 in May 2023, which was around 29% above the average May 2023 detached price in the Herefordshire local authority area. The most recent EPC inspection was December 2022, where the current energy rating was F, and the potential energy rating was D.

WELL COTTAGE Sold Prices

Land registry data shows three sales for WELL COTTAGE 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 WELL COTTAGE 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 18 MAY	£550,000	£426,192	29% above HPI
2005 16 FEB	£305,000	£250,604	22% above HPI
1997 20 OCT	£141,000	£99,233	42% above HPI

WELL 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 three WELL COTTAGE sales between October 1997 and May 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 February 2005 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2023 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might WELL COTTAGE be worth now?

WELL COTTAGE might now be worth an estimated £571,613.

This is based on house price inflation of 3.9%, between May 2023 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 3.9% inflationary increase is applied to the most recent sale price for WELL COTTAGE of £550,000 on 18th May 2023. For the value to have increased from £550,000 to £571,613 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of WELL COTTAGE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The May 2023 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of WELL COTTAGE has not materially changed since May 2023.

How Large is WELL COTTAGE?

WELL COTTAGE is 160m², which includes two extensions, according to the EPC inspection conducted in December 2022. This puts it in the largest 30% of detached houses houses in Bodenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bodenham, and where WELL COTTAGE lies on this distribution: 72% of detached houses houses are smaller than WELL COTTAGE, and 28% of houses are larger. Note that EPC data is not available for all properties in Bodenham.

WELL COTTAGE: Plot and Title Map

WELL COTTAGE sits on a plot of roughly 0.337 of an acre, or 1,363m². The below map shows the location of WELL 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 WELL 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 WELL COTTAGE?

WELL COTTAGE is located in BODENHAM, in the HR1 postcode district. The below map shows the position of WELL COTTAGE in BODENHAM.