FARRIERS COTTAGE, MORTIMER MEADOW, LUSTON, LEOMINSTER, HR6 0EH - £375,000

FARRIERS COTTAGE is a very small detached house of 80m². It was last sold for £375,000 in August 2021, which was around 3% below the average August 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was C.

FARRIERS COTTAGE Sold Prices

Land registry data shows two sales for FARRIERS COTTAGE 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 FARRIERS COTTAGE 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
2021 2 AUG	£375,000	£388,251	3% below HPI
2020 13 MAR	£290,000	£347,683	17% below HPI

FARRIERS COTTAGE 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 FARRIERS COTTAGE sales from March 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 March 2020 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is FARRIERS COTTAGE?

FARRIERS COTTAGE is 80m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 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 FARRIERS COTTAGE lies on this distribution: 11% of detached houses are smaller than FARRIERS COTTAGE, and 87% of houses are larger. Note that EPC data is not available for all properties in Luston.

FARRIERS COTTAGE: Plot and Title Map

FARRIERS COTTAGE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of FARRIERS COTTAGE, 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 FARRIERS COTTAGE). 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 FARRIERS COTTAGE?

FARRIERS COTTAGE is located on MORTIMER MEADOW in LUSTON, in the HR6 postcode district. The below map shows the position of FARRIERS COTTAGE on MORTIMER MEADOW.