1, OAK FIELD ROAD, HEREFORD, HR2 6SD - £300,000

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 OAK FIELD ROAD is a small detached house of 89m², built sometime between 2003 and 2006. It was last sold for £300,000 in May 2022, which was around 27% below the average May 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

1 OAK FIELD ROAD Sold Prices

Land registry data shows three sales for 1 OAK FIELD ROAD 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 OAK FIELD ROAD 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
2022 20 MAY	£300,000	£409,126	27% below HPI
2019 24 JUL	£248,000	£339,644	27% below HPI
2006 1 DEC	£219,995	£275,559	20% below HPI

1 OAK FIELD ROAD 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 OAK FIELD ROAD sales between December 2006 and May 2022 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 2019 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2022 sale, which was also at 27% below the HPI.

How Large is 1 OAK FIELD ROAD?

1 OAK FIELD ROAD is 89m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 30% 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 OAK FIELD ROAD lies on this distribution: 22% of detached houses are smaller than 1 OAK FIELD ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Hereford.

1 OAK FIELD ROAD: Plot and Title Map

1 OAK FIELD ROAD sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 1 OAK FIELD ROAD, 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 OAK FIELD ROAD). 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 OAK FIELD ROAD?

1 OAK FIELD ROAD is located in HEREFORD, in the HR2 postcode district. The below map shows the position of No. 1 on OAK FIELD ROAD.