BROOKFIELD, MILL LANE, CREDENHILL, HEREFORD, HR4 7EH - £308,000

BROOKFIELD is a midsized detached house of 109m², built sometime between 1983 and 1990. It was last sold for £308,000 in April 2020, which was around 12% below the average April 2020 detached price in the Herefordshire local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

BROOKFIELD Sold Prices

Land registry data shows four sales for BROOKFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the four BROOKFIELD 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
2020 21 APR	£308,000	£351,681	12% below HPI
2019 11 JUL	£305,000	£339,644	10% below HPI
2007 26 JAN	£270,000	£276,428	2% below HPI
2003 20 FEB	£170,000	£195,885	13% below HPI

BROOKFIELD 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 four BROOKFIELD sales between February 2003 and April 2020 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 July 2019 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is BROOKFIELD?

BROOKFIELD is 109m² according to the EPC inspection conducted in January 2019. This puts it in the largest 50% of detached houses in Credenhill, based on EPC data. The below chart shows the distribution of detached houses by size in Credenhill, and where BROOKFIELD lies on this distribution: 48% of detached houses are smaller than BROOKFIELD, and 47% of houses are larger. Note that EPC data is not available for all properties in Credenhill.

BROOKFIELD: Plot and Title Map

BROOKFIELD sits on a plot of roughly 0.190 of an acre, or 767m². The below map shows the location of BROOKFIELD, 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 BROOKFIELD). 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 BROOKFIELD?

BROOKFIELD is located on MILL LANE in CREDENHILL, in the HR4 postcode district. The below map shows the position of BROOKFIELD on MILL LANE.