RISE COTTAGE, WITHINGTON, HEREFORD, HR1 3PX - £250,000

RISE COTTAGE is a very small extended detached house of 68m², built sometime before 1900. It was last sold for £250,000 in January 2020, which was around 27% below the average January 2020 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2012, where the current energy rating was F, and the potential energy rating was C.

RISE COTTAGE Sold Prices

Land registry data shows five sales for RISE COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the five RISE 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
2020 27 JAN	£250,000	£343,455	27% below HPI
2018 31 JAN	£300,000	£329,035	9% below HPI
2012 19 DEC	£220,000	£267,603	18% below HPI
2011 24 JUN	£175,000	£269,226	35% below HPI
1998 3 JUL	£75,000	£102,040	26% below HPI

RISE 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 five RISE COTTAGE sales between July 1998 and January 2020 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 January 2018 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is RISE COTTAGE?

RISE COTTAGE is 68m², which includes three extensions, according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses in Withington, based on EPC data. The below chart shows the distribution of detached houses by size in Withington, and where RISE COTTAGE lies on this distribution: 2% of detached houses are smaller than RISE COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Withington.

RISE COTTAGE: Plot and Title Map

RISE COTTAGE sits on a plot of roughly 0.259 of an acre, or 1,050m². The below map shows the location of RISE 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 RISE 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 RISE COTTAGE?

RISE COTTAGE is located in WITHINGTON, in the HR1 postcode district. The below map shows the position of RISE COTTAGE in WITHINGTON.