1, LION CLOSE, MADLEY, HEREFORD, HR2 9QB - £336,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 LION CLOSE is a large detached house of 157m², built sometime between 2003 and 2006, which could now be worth an estimated £448,082. It was last sold for £336,000 in December 2017, which was around 1% above the average December 2017 detached price in the Herefordshire local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was B.

1 LION CLOSE Sold Prices

Land registry data shows two sales for 1 LION 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 LION CLOSE sales were 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
2017 20 DEC	£336,000	£332,144	1% above HPI
2005 7 APR	£288,500	£247,544	17% above HPI

1 LION 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 LION CLOSE sales from April 2005 and December 2017 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 April 2005 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2017 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 1 LION CLOSE be worth now?

1 LION CLOSE might now be worth an estimated £448,082.

This is based on house price inflation of 33.4%, between December 2017 and February 2025, 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 33.4% inflationary increase is applied to the most recent sale price for 1 LION CLOSE of £336,000 on 20th December 2017. For the value to have increased from £336,000 to £448,082 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 LION CLOSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The December 2017 sale price of £336,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LION CLOSE has not materially changed since December 2017.

How Large is 1 LION CLOSE?

1 LION CLOSE is 157m² according to the EPC inspection conducted in December 2016. This puts it in the largest 40% of detached houses houses in Madley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Madley, and where 1 LION CLOSE lies on this distribution: 70% of detached houses houses are smaller than 1 LION CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Madley.

1 LION CLOSE: Plot and Title Map

1 LION CLOSE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 1 LION 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 LION 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 LION CLOSE?

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