1, QUAY CLOSE, HEREFORD, HR1 2RQ - £405,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 QUAY CLOSE is a large extended detached house of 147m², built sometime between 1983 and 1990. It was last sold for £405,000 in October 2016, which was around 29% above the average October 2016 detached price in the Herefordshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was C.

1 QUAY CLOSE Sold Prices

Land registry data shows two sales for 1 QUAY 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 QUAY 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
2016 28 OCT	£405,000	£313,719	29% above HPI
2010 17 MAR	£310,000	£279,700	11% above HPI

1 QUAY 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 QUAY CLOSE sales from March 2010 and October 2016 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 March 2010 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2016 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 1 QUAY CLOSE be worth now?

1 QUAY CLOSE might now be worth an estimated £564,695.

This is based on house price inflation of 39.4%, between October 2016 and December 2024, 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 39.4% inflationary increase is applied to the most recent sale price for 1 QUAY CLOSE of £405,000 on 28th October 2016. For the value to have increased from £405,000 to £564,695 over the seven years and ten months to December 2024, the following assumptions must hold true:

• The value of 1 QUAY CLOSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The October 2016 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 1 QUAY CLOSE has not materially changed since October 2016.

How Large is 1 QUAY CLOSE?

1 QUAY CLOSE is 147m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 30% of detached houses houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hereford, and where 1 QUAY CLOSE lies on this distribution: 79% of detached houses houses are smaller than 1 QUAY CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Hereford.

1 QUAY CLOSE: Plot and Title Map

1 QUAY CLOSE sits on a plot of roughly 0.307 of an acre, or 1,243m². The below map shows the location of 1 QUAY 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 QUAY 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 QUAY CLOSE?

1 QUAY CLOSE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 1 on QUAY CLOSE.