3, PARSONAGE FIELDS, WELLINGTON, HEREFORD, HR4 8FE - £510,000

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.

3 PARSONAGE FIELDS is a very large detached house of 223m², which could now be worth an estimated £655,981. It was last sold for £510,000 in July 2019, which was around 48% above the average July 2019 detached price in the Herefordshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was B, and the potential energy rating was A.

3 PARSONAGE FIELDS Sold Prices

Land registry data shows three sales for 3 PARSONAGE FIELDS 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 3 PARSONAGE FIELDS 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
2019 25 JUL	£510,000	£344,369	48% above HPI
2016 29 JUN	£470,000	£312,836	50% above HPI
2014 27 JUN	£429,000	£285,209	50% above HPI

3 PARSONAGE FIELDS 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 3 PARSONAGE FIELDS sales between June 2014 and July 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 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the July 2019 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 3 PARSONAGE FIELDS be worth now?

3 PARSONAGE FIELDS might now be worth an estimated £655,981.

This is based on house price inflation of 28.6%, between July 2019 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 28.6% inflationary increase is applied to the most recent sale price for 3 PARSONAGE FIELDS of £510,000 on 25th July 2019. For the value to have increased from £510,000 to £655,981 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 3 PARSONAGE FIELDS has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The July 2019 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PARSONAGE FIELDS has not materially changed since July 2019.

How Large is 3 PARSONAGE FIELDS?

3 PARSONAGE FIELDS is 223m² according to the EPC inspection conducted in June 2014. This puts it in the largest 10% of detached houses houses in Wellington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wellington, and where 3 PARSONAGE FIELDS lies on this distribution: 96% of detached houses houses are smaller than 3 PARSONAGE FIELDS, and 4% of houses are larger. Note that EPC data is not available for all properties in Wellington.

3 PARSONAGE FIELDS: Plot and Title Map

3 PARSONAGE FIELDS sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 3 PARSONAGE FIELDS, 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 3 PARSONAGE FIELDS). 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 3 PARSONAGE FIELDS?

3 PARSONAGE FIELDS is located in WELLINGTON, in the HR4 postcode district. The below map shows the position of No. 3 on PARSONAGE FIELDS.