THE LAURELS, CANON PYON, HEREFORD, HR4 8NY - £155,000

THE LAURELS is a very small extended detached house of 77m², built sometime between 1950 and 1966. It was last sold for £155,000 in January 2017, which was around 50% below the average January 2017 detached price in the Herefordshire local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was D.

THE LAURELS Sold Prices

Land registry data shows two sales for THE LAURELS 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 THE LAURELS 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
2017 27 JAN	£155,000	£308,960	50% below HPI
1998 11 FEB	£45,000	£99,002	55% below HPI

THE LAURELS 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 THE LAURELS sales from February 1998 and January 2017 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 1998 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the January 2017 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is THE LAURELS?

THE LAURELS is 77m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of detached houses in Canon Pyon, based on EPC data. The below chart shows the distribution of detached houses by size in Canon Pyon, and where THE LAURELS lies on this distribution: 7% of detached houses are smaller than THE LAURELS, and 90% of houses are larger. Note that EPC data is not available for all properties in Canon Pyon.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

THE LAURELS is located in CANON PYON, in the HR4 postcode district. The below map shows the position of THE LAURELS in CANON PYON.