HOMESTEAD, BROMSASH, ROSS-ON-WYE, HR9 7PJ - £207,500

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.

HOMESTEAD is a very small extended detached house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £318,825. It was last sold for £207,500 in June 2014, which was around 27% below the average June 2014 detached price in the Herefordshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was C.

HOMESTEAD Sold Prices

Land registry data shows three sales for HOMESTEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the three HOMESTEAD 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
2014 30 JUN	£207,500	£285,209	27% below HPI
2001 17 AUG	£130,000	£147,623	12% below HPI
1998 3 JUL	£84,500	£103,459	18% below HPI

HOMESTEAD 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 three HOMESTEAD sales between July 1998 and June 2014 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 August 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2014 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might HOMESTEAD be worth now?

HOMESTEAD might now be worth an estimated £318,825.

This is based on house price inflation of 53.7%, between June 2014 and March 2025, 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 53.7% inflationary increase is applied to the most recent sale price for HOMESTEAD of £207,500 on 30th June 2014. For the value to have increased from £207,500 to £318,825 over the eleven years and three months to March 2025, the following assumptions must hold true:

• The value of HOMESTEAD has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The June 2014 sale price of £207,500 represented a fair market value for the property.
• The size, condition, and specification of HOMESTEAD has not materially changed since June 2014.

How Large is HOMESTEAD?

HOMESTEAD is 75m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses houses in Bromsash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromsash, and where HOMESTEAD lies on this distribution: 2% of detached houses houses are smaller than HOMESTEAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Bromsash.

HOMESTEAD: Plot and Title Map

HOMESTEAD sits on a plot of roughly 0.185 of an acre, or 747m². The below map shows the location of HOMESTEAD, 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 HOMESTEAD). 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 HOMESTEAD?

HOMESTEAD is located in BROMSASH, in the HR9 postcode district. The below map shows the position of HOMESTEAD in BROMSASH.