LILAC COTTAGE, BRIDGE STREET, LEDBURY, HR8 2AH - £290,000

LILAC COTTAGE is a small extended detached house of 87m², built sometime before 1900. It was last sold for £290,000 in February 2021, which was around 21% below the average February 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

LILAC COTTAGE Sold Prices

Land registry data shows two sales for LILAC 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 LILAC 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 11 FEB	£290,000	£365,002	21% below HPI
2016 29 JUL	£182,000	£308,448	41% below HPI

LILAC 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 LILAC COTTAGE sales from July 2016 and February 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 July 2016 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is LILAC COTTAGE?

LILAC COTTAGE is 87m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% of detached houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses by size in Ledbury, and where LILAC COTTAGE lies on this distribution: 26% of detached houses are smaller than LILAC COTTAGE, and 73% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

LILAC COTTAGE: Plot and Title Map

LILAC COTTAGE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of LILAC 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 LILAC 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 LILAC COTTAGE?

LILAC COTTAGE is located on BRIDGE STREET in LEDBURY, in the HR8 postcode district. The below map shows the position of LILAC COTTAGE on BRIDGE STREET.