1, CHALLENGER CLOSE, LEDBURY, HR8 2PW - £240,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

1 CHALLENGER CLOSE is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £240,000 in September 2021, which was around 36% below the average September 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

1 CHALLENGER CLOSE Sold Prices

Land registry data shows two sales for 1 CHALLENGER 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 CHALLENGER 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
2021 30 SEP	£240,000	£375,943	36% below HPI
2006 20 DEC	£120,000	£275,559	56% below HPI

1 CHALLENGER 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 CHALLENGER CLOSE sales from December 2006 and September 2021 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 December 2006 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the September 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 1 CHALLENGER CLOSE?

1 CHALLENGER CLOSE is 73m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 10% of detached houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses by size in Ledbury, and where 1 CHALLENGER CLOSE lies on this distribution: 6% of detached houses are smaller than 1 CHALLENGER CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

1 CHALLENGER CLOSE: Plot and Title Map

1 CHALLENGER CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 1 CHALLENGER 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 CHALLENGER 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 CHALLENGER CLOSE?

1 CHALLENGER CLOSE is located in LEDBURY, in the HR8 postcode district. The below map shows the position of No. 1 on CHALLENGER CLOSE.