ROCK COTTAGE, WIGMORE, LEOMINSTER, HR6 9UJ - £285,000

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.

ROCK COTTAGE is a small extended detached house of 107m², built sometime before 1900, which could now be worth an estimated £348,552. It was last sold for £285,000 in September 2020, which was around 21% below the average September 2020 detached price in the Herefordshire local authority area. The most recent EPC inspection was December 2013, where the current energy rating was F, and the potential energy rating was C.

ROCK COTTAGE Sold Prices

Land registry data shows two sales for ROCK 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 ROCK 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 17 SEP	£285,000	£361,706	21% below HPI
2014 23 MAY	£195,000	£284,666	31% below HPI

ROCK 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 ROCK COTTAGE sales from May 2014 and September 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 May 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might ROCK COTTAGE be worth now?

ROCK COTTAGE might now be worth an estimated £348,552.

This is based on house price inflation of 22.3%, between September 2020 and May 2026, 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 22.3% inflationary increase is applied to the most recent sale price for ROCK COTTAGE of £285,000 on 17th September 2020. For the value to have increased from £285,000 to £348,552 over the six years and four months to May 2026, the following assumptions must hold true:

• The value of ROCK COTTAGE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The September 2020 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of ROCK COTTAGE has not materially changed since September 2020.

How Large is ROCK COTTAGE?

ROCK COTTAGE is 107m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 30% of detached houses houses in Wigmore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wigmore, and where ROCK COTTAGE lies on this distribution: 25% of detached houses houses are smaller than ROCK COTTAGE, and 73% of houses are larger. Note that EPC data is not available for all properties in Wigmore.

ROCK COTTAGE: Plot and Title Map

ROCK COTTAGE sits on a plot of roughly 0.179 of an acre, or 726m². The below map shows the location of ROCK 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 ROCK 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 ROCK COTTAGE?

ROCK COTTAGE is located in WIGMORE, in the HR6 postcode district. The below map shows the position of ROCK COTTAGE in WIGMORE.