STEPPES MILL, BODENHAM, HEREFORD, HR1 3HS - £498,000

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.

STEPPES MILL is a very large extended detached house of 312m², built sometime before 1900, which could now be worth an estimated £831,375. It was last sold for £498,000 in August 2009, which was around 91% above the average August 2009 detached price in the Herefordshire local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was E.

STEPPES MILL Sold Prices

Land registry data shows three sales for STEPPES MILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the three STEPPES MILL 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
2009 19 AUG	£498,000	£260,449	91% above HPI
2004 15 NOV	£450,000	£258,024	74% above HPI
2000 16 JUN	£236,000	£131,648	79% above HPI

STEPPES MILL 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 three STEPPES MILL sales between June 2000 and August 2009 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 November 2004 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the August 2009 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might STEPPES MILL be worth now?

STEPPES MILL might now be worth an estimated £831,375.

This is based on house price inflation of 66.9%, between August 2009 and June 2025, 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 66.9% inflationary increase is applied to the most recent sale price for STEPPES MILL of £498,000 on 19th August 2009. For the value to have increased from £498,000 to £831,375 over the sixteen years and two months to June 2025, the following assumptions must hold true:

• The value of STEPPES MILL has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The August 2009 sale price of £498,000 represented a fair market value for the property.
• The size, condition, and specification of STEPPES MILL has not materially changed since August 2009.

How Large is STEPPES MILL?

STEPPES MILL is 312m², which includes one extension, according to the EPC inspection conducted in February 2009. This puts it in the largest 10% of detached houses houses in Bodenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bodenham, and where STEPPES MILL lies on this distribution: 97% of detached houses houses are smaller than STEPPES MILL, and 3% of houses are larger. Note that EPC data is not available for all properties in Bodenham.

STEPPES MILL: Plot and Title Map

STEPPES MILL sits on a plot of roughly 1.3 acres, or 5,261m². The below map shows the location of STEPPES MILL, 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 STEPPES MILL). 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 STEPPES MILL?

STEPPES MILL is located in BODENHAM, in the HR1 postcode district. The below map shows the position of STEPPES MILL in BODENHAM.