Herefordshire million pound homes snapped up by buyers

The latest research by Property Solvers has revealed that there were 10 residential home sales with a value of over £1 million pounds across the Herefordshire (HR) postcodes from September 2021 up to September 2022.

The home buying company and local auctioneer reported the total value of these sales was £13,507,750.

This is a decrease of 60 per cent compared to 2020 to 2021, when prices started from £25.17 million.

In terms of number of properties sold, this puts Hereford in position number 86 across England, Wales, and Scotland, ranking above Stoke-on-Trent and below Dudley.

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Here’s a list of some of the most expensive properties sold across Herefordshire over the last year.

The Hermitage, Canon Pyon £1,841,750

The Hermitage, Canon Pyon. Picture: On the Market (Image: On the Market)

Just north of the city of Hereford is Badnage Wood, a prominent wooded escarpment.

Described as one of Herefordshire’s “most distinguished and finest houses”, this eight-bedroom country house sits on the southern slopes of this hill.

The agents said the home offered numerous possibilities to buyers, including use as a conference or wedding venue, boutique hotel, B&B, or multi-generational home.

The property could be found on On The Market.

Grove Farm, Walterstone £1,595,000

Grove Farm, Walterstone. Picture: Ewyas Lacy (Image: Ewyas Lacy)

Grove Farm is situated at the end of a long private drive to where, beneath the Iron Age hillfort, it has stunning views out to the south and west.

It is one of those rare gems in that it is situated in the midst of its own land, the agents said.

The four-bedroom house has three reception rooms, period outbuildings, agricultural barns, gardens, woodland and pasture, and stream frontage, all in about 66 acres.

You can find the property on Ewyas Lacy. 

Newton St Margarets £1,507,000

Newton St Margarets Picture: Strutt & Parker (Image: Strutt & Parker)

A stylish home with 3.76 acres of wild meadow and landscaped gardens set within the stunning Herefordshire countryside.

Court A Pella is a simply stunning property which has been sensitively modernised and extended by the current owners to provide beautifully light, spacious accommodation throughout. Great care and attention has been taken to retain and install character, with many reclaimed materials being used.

The property could be found on Strutt & Parker.

Breinton Court, Breinton £1,375,000

Breinton Court, Breinton. Picture: Brookes Bliss (Image: Brookes Bliss)

Peacefully located in the heart of the Wye valley, Breinton Court forms part of a small cluster of individual properties which, together with the church, form the centre of this popular village.

This five-bedroom property is in a highly sought-after location and is a substantial and very comfortable Victorian house set in delightful gardens and grounds of just over 10 acres, with ancillary accommodation, enchanting woodland walks, and approximately 150 yards of single bank fishing.

The property could be found on Brookes Bliss.

The Granary House, Yatton, Leominster £1,300,000

The Granary House, Yatton. Picture: On the Market (Image: On the Market)

On the western edge of this small hamlet The Granary House is an impressive conversion, completed in 2004. This is a substantial house with large rooms many with high ceilings. It is bright and light, enjoying views particularly from the windows on the western gable and especially the dramatic arched window in the main bedroom.

The six-bedroom house is in 1.7 acres with a four bay open sided garage with planning permission for ancillary accommodation, and an extensive garden with pretty terraces around the house.

You can find the property on On the Market.

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Speaking on the data, co-founder Ruban Selvanayagam said: “Although there remains a fairly healthy volume of sales in this price bracket, such a pronounced drop would suggest that buyer appetite for these types of homes is decreasing.

“£1 million+ properties - even for the wealthy - are major commitment and indeed affected by the wider economy.

“With continued inflationary pressures and rising interest rates as a result, it would not be too much of a surprise to see a continued cooling off across the high-end property market in the coming year at least.”