CEDARWOOD, STOKE PRIOR, LEOMINSTER, HR6 0NB - £290,000

CEDARWOOD is a small detached house of 116m², built sometime between 1950 and 1966. It was last sold for £290,000 in July 2016, which was around 6% below the average July 2016 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 D.

CEDARWOOD Sold Prices

Land registry data shows four sales for CEDARWOOD 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. Most of the four CEDARWOOD 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
2016 12 JUL	£290,000	£308,448	6% below HPI
2004 20 MAY	£247,500	£237,766	4% above HPI
2002 19 DEC	£165,000	£193,617	15% below HPI
1998 27 APR	£98,000	£98,589	1% below HPI

CEDARWOOD 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 CEDARWOOD sales between April 1998 and July 2016 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 May 2004 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2016 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is CEDARWOOD?

CEDARWOOD is 116m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 30% of detached houses in Stoke Prior, based on EPC data. The below chart shows the distribution of detached houses by size in Stoke Prior, and where CEDARWOOD lies on this distribution: 23% of detached houses are smaller than CEDARWOOD, and 77% of houses are larger. Note that EPC data is not available for all properties in Stoke Prior.

CEDARWOOD: Plot and Title Map

CEDARWOOD sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of CEDARWOOD, 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 CEDARWOOD). 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 CEDARWOOD?

CEDARWOOD is located in STOKE PRIOR, in the HR6 postcode district. The below map shows the position of CEDARWOOD in STOKE PRIOR.