SPEEDWELL, WESTHOPE, HEREFORD, HR4 8BT - £580,000

SPEEDWELL is a very large detached house of 245m², built sometime between 1996 and 2002. It was last sold for £580,000 in June 2011, which was around 115% above the average June 2011 detached price in the Herefordshire local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

SPEEDWELL Sold Prices

Land registry data shows two sales for SPEEDWELL 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 SPEEDWELL sales were for above 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
2011 13 JUN	£580,000	£269,226	115% above HPI
2002 22 OCT	£525,000	£184,533	185% above HPI

SPEEDWELL 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 SPEEDWELL sales from October 2002 and June 2011 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 October 2002 sale was for 185% above the HPI. So the extrapolation line tracks at 185% above the HPI over time, until the June 2011 sale, where it falls to 115% above the HPI. The line then continues to track at 115% above the HPI.

How Large is SPEEDWELL?

SPEEDWELL is 245m² according to the EPC inspection conducted in July 2010. This puts it in the largest 10% of detached houses in Westhope, based on EPC data. The below chart shows the distribution of detached houses by size in Westhope, and where SPEEDWELL lies on this distribution: More than 99% of detached houses are smaller than SPEEDWELL, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Westhope.

SPEEDWELL: Plot and Title Map

SPEEDWELL sits on a plot of roughly 0.375 of an acre, or 1,517m². The below map shows the location of SPEEDWELL, 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 SPEEDWELL). 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 SPEEDWELL?

SPEEDWELL is located in WESTHOPE, in the HR4 postcode district. The below map shows the position of SPEEDWELL in WESTHOPE.