MEADOW VIEW, LUSTON, LEOMINSTER, HR6 0EB - £159,000

MEADOW VIEW is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £159,000 in August 2016, which was around 48% below the average August 2016 detached price in the Herefordshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

MEADOW VIEW Sold Prices

Land registry data shows two sales for MEADOW VIEW 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 MEADOW VIEW 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
2016 1 AUG	£159,000	£307,594	48% below HPI
2000 21 FEB	£84,000	£122,699	32% below HPI

MEADOW VIEW 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 MEADOW VIEW sales from February 2000 and August 2016 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 February 2000 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2016 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is MEADOW VIEW?

MEADOW VIEW is 68m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of detached houses in Luston, based on EPC data. The below chart shows the distribution of detached houses by size in Luston, and where MEADOW VIEW lies on this distribution: 4% of detached houses are smaller than MEADOW VIEW, and 94% of houses are larger. Note that EPC data is not available for all properties in Luston.

MEADOW VIEW: Plot and Title Map

MEADOW VIEW sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of MEADOW VIEW, 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 MEADOW VIEW). 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 MEADOW VIEW?

MEADOW VIEW is located in LUSTON, in the HR6 postcode district. The below map shows the position of MEADOW VIEW in LUSTON.