1, SOUTHBANK ROAD, HEREFORD, HR1 2TJ - £165,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

1 SOUTHBANK ROAD is a small extended semi-detached house of 100m², built sometime between 1900 and 1929. It was last sold for £165,000 in February 2013, which was around 38% below the average February 2013 detached price in the Herefordshire local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

1 SOUTHBANK ROAD Sold Prices

Land registry data shows two sales for 1 SOUTHBANK ROAD 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 SOUTHBANK 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
2013 4 FEB	£165,000	£265,567	38% below HPI
2005 15 APR	£175,000	£244,148	28% below HPI

1 SOUTHBANK 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 two 1 SOUTHBANK ROAD sales from April 2005 and February 2013 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2013 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 1 SOUTHBANK ROAD?

1 SOUTHBANK ROAD is 100m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 40% 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 SOUTHBANK ROAD lies on this distribution: 35% of detached houses are smaller than 1 SOUTHBANK ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Hereford.

1 SOUTHBANK ROAD: Plot and Title Map

1 SOUTHBANK ROAD sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 1 SOUTHBANK 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 SOUTHBANK 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 SOUTHBANK ROAD?

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