1, SCOTS CLOSE, HEREFORD, HR1 2RT - £208,000

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 SCOTS CLOSE is a very small detached house of 59m², built sometime between 1967 and 1975, which could now be worth an estimated £265,785. It was last sold for £208,000 in August 2019, which was around 40% below the average August 2019 detached price in the Herefordshire local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was C.

1 SCOTS CLOSE Sold Prices

Land registry data shows two sales for 1 SCOTS 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 SCOTS 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
2019 21 AUG	£208,000	£346,639	40% below HPI
2008 23 APR	£177,500	£283,527	37% below HPI

1 SCOTS 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 SCOTS CLOSE sales from April 2008 and August 2019 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 2008 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2019 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 1 SCOTS CLOSE be worth now?

1 SCOTS CLOSE might now be worth an estimated £265,785.

This is based on house price inflation of 27.8%, between August 2019 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 27.8% inflationary increase is applied to the most recent sale price for 1 SCOTS CLOSE of £208,000 on 21st August 2019. For the value to have increased from £208,000 to £265,785 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 1 SCOTS CLOSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The August 2019 sale price of £208,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SCOTS CLOSE has not materially changed since August 2019.

How Large is 1 SCOTS CLOSE?

1 SCOTS CLOSE is 59m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% 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 SCOTS CLOSE lies on this distribution: 2% of detached houses houses are smaller than 1 SCOTS CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Hereford.

1 SCOTS CLOSE: Plot and Title Map

1 SCOTS CLOSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 1 SCOTS 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 SCOTS 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 SCOTS CLOSE?

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