FERRIBY, WELLINGTON, HEREFORD, HR4 8AT - £300,000

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.

FERRIBY is a very small extended detached house of 97m², built sometime between 1930 and 1949, which could now be worth an estimated £379,007. It was last sold for £300,000 in September 2018, which was around 14% below the average September 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was F, and the potential energy rating was B.

FERRIBY Sold Prices

Land registry data shows two sales for FERRIBY 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 FERRIBY 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 14 SEP	£300,000	£350,149	14% below HPI
2005 12 DEC	£235,000	£259,102	9% below HPI

FERRIBY 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 FERRIBY sales from December 2005 and September 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 December 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might FERRIBY be worth now?

FERRIBY might now be worth an estimated £379,007.

This is based on house price inflation of 26.3%, between September 2018 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 26.3% inflationary increase is applied to the most recent sale price for FERRIBY of £300,000 on 14th September 2018. For the value to have increased from £300,000 to £379,007 over the eight years and four months to May 2026, the following assumptions must hold true:

• The value of FERRIBY has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The September 2018 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of FERRIBY has not materially changed since September 2018.

How Large is FERRIBY?

FERRIBY is 97m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of detached houses houses in Wellington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wellington, and where FERRIBY lies on this distribution: 7% of detached houses houses are smaller than FERRIBY, and 93% of houses are larger. Note that EPC data is not available for all properties in Wellington.

FERRIBY: Plot and Title Map

FERRIBY sits on a plot of roughly 0.221 of an acre, or 896m². The below map shows the location of FERRIBY, 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 FERRIBY). 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 FERRIBY?

FERRIBY is located in WELLINGTON, in the HR4 postcode district. The below map shows the position of FERRIBY in WELLINGTON.