GREENWAY COTTAGE, MUCH MARCLE, LEDBURY, HR8 2LY - £260,000

GREENWAY COTTAGE is a small extended detached house of 116m², built sometime before 1900. It was last sold for £260,000 in May 2017, which was around 17% below the average May 2017 detached price in the Herefordshire local authority area. The most recent EPC inspection was July 2022, where the current energy rating was F, and the potential energy rating was D.

GREENWAY COTTAGE Sold Prices

Land registry data shows two sales for GREENWAY 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 GREENWAY 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
2017 15 MAY	£260,000	£313,907	17% below HPI
2002 31 MAY	£155,000	£160,958	4% below HPI

GREENWAY 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 GREENWAY COTTAGE sales from May 2002 and May 2017 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 2002 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2017 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is GREENWAY COTTAGE?

GREENWAY COTTAGE is 116m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 40% of detached houses in Much Marcle, based on EPC data. The below chart shows the distribution of detached houses by size in Much Marcle, and where GREENWAY COTTAGE lies on this distribution: 38% of detached houses are smaller than GREENWAY COTTAGE, and 58% of houses are larger. Note that EPC data is not available for all properties in Much Marcle.

GREENWAY COTTAGE: Plot and Title Map

GREENWAY COTTAGE sits on a plot of roughly 0.250 of an acre, or 1,010m². The below map shows the location of GREENWAY 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 GREENWAY 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 GREENWAY COTTAGE?

GREENWAY COTTAGE is located in MUCH MARCLE, in the HR8 postcode district. The below map shows the position of GREENWAY COTTAGE in MUCH MARCLE.