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
11 LOWER ROAD is a very small detached house of 51m², built sometime before 1900. It was last sold for £162,000 in October 2019, which was around 53% below the average October 2019 detached price in the Herefordshire local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 11 LOWER ROAD since 1st 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 11 LOWER 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 |
---|---|---|---|
2019 22 OCT | £162,000 | £345,647 | 53% below HPI |
2017 30 JUN | £132,500 | £316,363 | 58% below HPI |
2002 9 JAN | £78,000 | £154,660 | 50% below HPI |
The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The three 11 LOWER ROAD sales between January 2002 and October 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 June 2017 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the October 2019 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.
11 LOWER ROAD is 51m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses by size in Ledbury, and where 11 LOWER ROAD lies on this distribution: 1% of detached houses are smaller than 11 LOWER ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Ledbury.
11 LOWER ROAD sits on a plot of roughly 0.021 of an acre, or 84m². The below map shows the location of 11 LOWER 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 11 LOWER 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.
11 LOWER ROAD is located in LEDBURY, in the HR8 postcode district. The below map shows the position of No. 11 on LOWER ROAD.