WILLOWBANK, PENCOMBE, BROMYARD, HR7 4SH - £318,000

WILLOWBANK is a midsized detached house of 125m², built sometime between 1976 and 1982. It was last sold for £318,000 in October 2019, which was around 8% below the average October 2019 detached price in the Herefordshire local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was C.

WILLOWBANK Sold Prices

Land registry data shows three sales for WILLOWBANK 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. Two of the three WILLOWBANK sales were for below the average price, whilst one was 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
2019 28 OCT	£318,000	£345,647	8% below HPI
2016 8 JUN	£305,000	£308,544	1% below HPI
2004 17 DEC	£260,000	£249,523	4% above HPI

WILLOWBANK 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 WILLOWBANK sales between December 2004 and October 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 June 2016 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is WILLOWBANK?

WILLOWBANK is 125m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 50% of detached houses in Pencombe, based on EPC data. The below chart shows the distribution of detached houses by size in Pencombe, and where WILLOWBANK lies on this distribution: 44% of detached houses are smaller than WILLOWBANK, and 56% of houses are larger. Note that EPC data is not available for all properties in Pencombe.

WILLOWBANK: Plot and Title Map

WILLOWBANK sits on a plot of roughly 0.252 of an acre, or 1,020m². The below map shows the location of WILLOWBANK, 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 WILLOWBANK). 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 WILLOWBANK?

WILLOWBANK is located in PENCOMBE, in the HR7 postcode district. The below map shows the position of WILLOWBANK in PENCOMBE.