1, BENEDICT CLOSE, BELMONT, HEREFORD, HR2 7XP - £293,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 BENEDICT CLOSE is a very small extended detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £287,809. It was last sold for £293,000 in October 2024, which was around 34% below the average October 2024 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

1 BENEDICT CLOSE Sold Prices

Land registry data shows two sales for 1 BENEDICT CLOSE 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 1 BENEDICT CLOSE 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
2024 17 OCT	£293,000	£445,311	34% below HPI
2016 8 JUL	£198,000	£312,738	37% below HPI

1 BENEDICT CLOSE 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 1 BENEDICT CLOSE sales from July 2016 and October 2024 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 July 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2024 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 1 BENEDICT CLOSE be worth now?

1 BENEDICT CLOSE might now be worth an estimated £287,809.

This is based on house price deflation of 1.8%, between October 2024 and December 2024, 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 1.8% deflationary decrease is applied to the most recent sale price for 1 BENEDICT CLOSE of £293,000 on 17th October 2024. For the value to have decreased from £293,000 to £287,809 over the ten months to December 2024, the following assumptions must hold true:

• The value of 1 BENEDICT CLOSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The October 2024 sale price of £293,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BENEDICT CLOSE has not materially changed since October 2024.

How Large is 1 BENEDICT CLOSE?

1 BENEDICT CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hereford, and where 1 BENEDICT CLOSE lies on this distribution: 15% of detached houses houses are smaller than 1 BENEDICT CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Hereford.

1 BENEDICT CLOSE: Plot and Title Map

1 BENEDICT CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 1 BENEDICT CLOSE, 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 1 BENEDICT CLOSE). 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 1 BENEDICT CLOSE?

1 BENEDICT CLOSE is located in BELMONT, in the HR2 postcode district. The below map shows the position of No. 1 on BENEDICT CLOSE.