1, FOUNTAINS CLOSE, HEREFORD, HR2 7XY - £197,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 FOUNTAINS CLOSE is a very small detached house of 66m², built sometime between 1976 and 1982. It was last sold for £197,500 in November 2004, which was around 22% below the average November 2004 detached price in the Herefordshire local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

1 FOUNTAINS CLOSE Sold Prices

Land registry data shows two sales for 1 FOUNTAINS 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 FOUNTAINS 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
2004 26 NOV	£197,500	£254,484	22% below HPI
2003 14 NOV	£147,000	£216,850	32% below HPI

1 FOUNTAINS 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 FOUNTAINS CLOSE sales from November 2003 and November 2004 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 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2004 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 1 FOUNTAINS CLOSE?

1 FOUNTAINS CLOSE is 66m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses by size in Hereford, and where 1 FOUNTAINS CLOSE lies on this distribution: 4% of detached houses are smaller than 1 FOUNTAINS CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Hereford.

1 FOUNTAINS CLOSE: Plot and Title Map

1 FOUNTAINS CLOSE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 1 FOUNTAINS 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 FOUNTAINS 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 FOUNTAINS CLOSE?

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