WILLOWBANK, PENCOMBE, BROMYARD, HR7 4SH - £318,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

WILLOWBANK is a midsized detached house of 125m², built sometime between 1976 and 1982, which could now be worth an estimated £396,912. It was last sold for £318,000 in October 2019, which was around 9% below the average October 2019 detached price in the Herefordshire local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was C.

WILLOWBANK Sold Prices

Land registry data shows three sales for WILLOWBANK 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. Two of the three WILLOWBANK sales were for below the average price, whilst one was 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
2019 28 OCT	£318,000	£350,455	9% below HPI
2016 8 JUN	£305,000	£312,836	3% below HPI
2004 17 DEC	£260,000	£252,994	3% above HPI

WILLOWBANK 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 WILLOWBANK sales between December 2004 and October 2019 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 June 2016 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2019 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might WILLOWBANK be worth now?

WILLOWBANK might now be worth an estimated £396,912.

This is based on house price inflation of 24.8%, between October 2019 and December 2024, 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 24.8% inflationary increase is applied to the most recent sale price for WILLOWBANK of £318,000 on 28th October 2019. For the value to have increased from £318,000 to £396,912 over the four years and ten months to December 2024, the following assumptions must hold true:

• The value of WILLOWBANK has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The October 2019 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of WILLOWBANK has not materially changed since October 2019.

How Large is WILLOWBANK?

WILLOWBANK is 125m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 50% of detached houses houses in Pencombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pencombe, and where WILLOWBANK lies on this distribution: 45% of detached houses houses are smaller than WILLOWBANK, and 55% of houses are larger. Note that EPC data is not available for all properties in Pencombe.

WILLOWBANK: Plot and Title Map

WILLOWBANK sits on a plot of roughly 0.252 of an acre, or 1,020m². The below map shows the location of WILLOWBANK, 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 WILLOWBANK). 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 WILLOWBANK?

WILLOWBANK is located in PENCOMBE, in the HR7 postcode district. The below map shows the position of WILLOWBANK in PENCOMBE.