WEBTREE, PETERCHURCH, HEREFORD, HR2 0RZ - £317,500

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.

WEBTREE is a very small detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £414,347. It was last sold for £317,500 in February 2019, which was around 6% below the average February 2019 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

WEBTREE Sold Prices

Land registry data shows four sales for WEBTREE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the four WEBTREE 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
2019 7 FEB	£317,500	£339,043	6% below HPI
2017 22 NOV	£315,000	£330,745	5% below HPI
2004 21 APR	£190,000	£233,963	19% below HPI
2002 25 JAN	£150,000	£156,811	4% below HPI

WEBTREE 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 four WEBTREE sales between January 2002 and February 2019 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 2017 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2019 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might WEBTREE be worth now?

WEBTREE might now be worth an estimated £414,347.

This is based on house price inflation of 30.5%, between February 2019 and April 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 30.5% inflationary increase is applied to the most recent sale price for WEBTREE of £317,500 on 7th February 2019. For the value to have increased from £317,500 to £414,347 over the six years and ten months to April 2026, the following assumptions must hold true:

• The value of WEBTREE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The February 2019 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of WEBTREE has not materially changed since February 2019.

How Large is WEBTREE?

WEBTREE is 98m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% of detached houses houses in Peterchurch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Peterchurch, and where WEBTREE lies on this distribution: 16% of detached houses houses are smaller than WEBTREE, and 83% of houses are larger. Note that EPC data is not available for all properties in Peterchurch.

WEBTREE: Plot and Title Map

WEBTREE sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of WEBTREE, 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 WEBTREE). 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 WEBTREE?

WEBTREE is located in PETERCHURCH, in the HR2 postcode district. The below map shows the position of WEBTREE in PETERCHURCH.