CEDAR LODGE, COUGHTON, ROSS-ON-WYE, HR9 5RY - £650,000

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.

CEDAR LODGE is a very large detached house of 201m², built in 2021, which could now be worth an estimated £757,525. It was last sold for £650,000 in August 2021, which was around 71% above the average August 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was B, and the potential energy rating was B.

CEDAR LODGE Sold Prices

Land registry data shows two sales for CEDAR LODGE 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. One of the two CEDAR LODGE sales was for above the average price, whilst the other was 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
2021 27 AUG	£650,000	£379,573	71% above HPI
2020 2 DEC	£175,000	£387,098	55% below HPI

CEDAR LODGE 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 CEDAR LODGE sales from December 2020 and August 2021 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 2020 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the August 2021 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might CEDAR LODGE be worth now?

CEDAR LODGE might now be worth an estimated £757,525.

This is based on house price inflation of 16.5%, between August 2021 and May 2026, 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 16.5% inflationary increase is applied to the most recent sale price for CEDAR LODGE of £650,000 on 27th August 2021. For the value to have increased from £650,000 to £757,525 over the five years and three months to May 2026, the following assumptions must hold true:

• The value of CEDAR LODGE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The August 2021 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of CEDAR LODGE has not materially changed since August 2021.

How Large is CEDAR LODGE?

CEDAR LODGE is 201m² according to the EPC inspection conducted in August 2021. This puts it in the largest 10% of detached houses in Coughton, based on EPC data. The below chart shows the distribution of detached houses by size in Coughton, and where CEDAR LODGE lies on this distribution: 94% of detached houses are smaller than CEDAR LODGE, and 6% of detached houses are larger. Note that EPC data is not available for all properties in Coughton.