BANK VILLA, LUSTON, LEOMINSTER, HR6 0EB - £470,000

BANK VILLA is a very large extended detached house of 181m², built sometime between 1900 and 1929. It was last sold for £470,000 in September 2015, which was around 56% above the average September 2015 detached price in the Herefordshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

BANK VILLA Sold Prices

Land registry data shows two sales for BANK VILLA 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 BANK VILLA 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
2015 9 SEP	£470,000	£300,639	56% above HPI
2009 14 DEC	£285,000	£263,856	8% above HPI

BANK VILLA 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 BANK VILLA sales from December 2009 and September 2015 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 December 2009 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2015 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is BANK VILLA?

BANK VILLA is 181m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 20% of detached houses in Luston, based on EPC data. The below chart shows the distribution of detached houses by size in Luston, and where BANK VILLA lies on this distribution: 83% of detached houses are smaller than BANK VILLA, and 17% of houses are larger. Note that EPC data is not available for all properties in Luston.

BANK VILLA: Plot and Title Map

BANK VILLA sits on a plot of roughly 0.328 of an acre, or 1,328m². The below map shows the location of BANK VILLA, 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 BANK VILLA). 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 BANK VILLA?

BANK VILLA is located in LUSTON, in the HR6 postcode district. The below map shows the position of BANK VILLA in LUSTON.