1, NOVER WOOD DRIVE, FOWNHOPE, HEREFORD, HR1 4PN - £345,000

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 NOVER WOOD DRIVE is a small extended detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £355,739. It was last sold for £345,000 in April 2023, which was around 20% below the average April 2023 detached price in the Herefordshire local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

1 NOVER WOOD DRIVE Sold Prices

Land registry data shows three sales for 1 NOVER WOOD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the three 1 NOVER WOOD DRIVE 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
2023 21 APR	£345,000	£429,569	20% below HPI
2005 21 APR	£220,000	£247,544	11% below HPI
1996 28 JUN	£70,000	£88,419	21% below HPI

1 NOVER WOOD DRIVE 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 three 1 NOVER WOOD DRIVE sales between June 1996 and April 2023 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 1 NOVER WOOD DRIVE be worth now?

1 NOVER WOOD DRIVE might now be worth an estimated £355,739.

This is based on house price inflation of 3.1%, between April 2023 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 3.1% inflationary increase is applied to the most recent sale price for 1 NOVER WOOD DRIVE of £345,000 on 21st April 2023. For the value to have increased from £345,000 to £355,739 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 1 NOVER WOOD DRIVE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The April 2023 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NOVER WOOD DRIVE has not materially changed since April 2023.

How Large is 1 NOVER WOOD DRIVE?

1 NOVER WOOD DRIVE is 97m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 40% of detached houses houses in Fownhope, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fownhope, and where 1 NOVER WOOD DRIVE lies on this distribution: 30% of detached houses houses are smaller than 1 NOVER WOOD DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Fownhope.

1 NOVER WOOD DRIVE: Plot and Title Map

1 NOVER WOOD DRIVE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 1 NOVER WOOD DRIVE, 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 NOVER WOOD DRIVE). 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 NOVER WOOD DRIVE?

1 NOVER WOOD DRIVE is located in FOWNHOPE, in the HR1 postcode district. The below map shows the position of No. 1 on NOVER WOOD DRIVE.