CORNER PATCH, SHOBDON, LEOMINSTER, HR6 9NE - £235,000

CORNER PATCH is a very small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £235,000 in December 2018, which was around 31% below the average December 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was E, and the potential energy rating was C.

CORNER PATCH Sold Prices

Land registry data shows two sales for CORNER PATCH 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 CORNER PATCH 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
2018 11 DEC	£235,000	£342,804	31% below HPI
1999 26 OCT	£87,500	£120,193	27% below HPI

CORNER PATCH 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 CORNER PATCH sales from October 1999 and December 2018 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 October 1999 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is CORNER PATCH?

CORNER PATCH is 85m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of detached houses in Shobdon, based on EPC data. The below chart shows the distribution of detached houses by size in Shobdon, and where CORNER PATCH lies on this distribution: 8% of detached houses are smaller than CORNER PATCH, and 92% of houses are larger. Note that EPC data is not available for all properties in Shobdon.

CORNER PATCH: Plot and Title Map

CORNER PATCH sits on a plot of roughly 0.209 of an acre, or 846m². The below map shows the location of CORNER PATCH, 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 CORNER PATCH). 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 CORNER PATCH?

CORNER PATCH is located in SHOBDON, in the HR6 postcode district. The below map shows the position of CORNER PATCH in SHOBDON.