11, RED NORMAN RISE, HOLMER, HEREFORD, HR1 1GP - £187,500

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 RED NORMAN RISE is a very small detached house of 56m², built sometime from 2012 onwards. It was last sold for £187,500 in July 2023, which was around 55% below the average July 2023 detached price in the Herefordshire local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was C.

11 RED NORMAN RISE Sold Prices

Land registry data shows three sales for 11 RED NORMAN RISE 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 11 RED NORMAN RISE 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
2023 28 JUL	£187,500	£419,522	55% below HPI
2022 27 MAY	£185,000	£409,126	55% below HPI
2013 31 OCT	£137,000	£280,120	51% below HPI

11 RED NORMAN RISE 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 11 RED NORMAN RISE sales between October 2013 and July 2023 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 May 2022 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the July 2023 sale, which was also at 55% below the HPI.

How Large is 11 RED NORMAN RISE?

11 RED NORMAN RISE is 56m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% of detached houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses by size in Hereford, and where 11 RED NORMAN RISE lies on this distribution: 2% of detached houses are smaller than 11 RED NORMAN RISE, and 98% of houses are larger. Note that EPC data is not available for all properties in Hereford.

11 RED NORMAN RISE: Plot and Title Map

11 RED NORMAN RISE sits on a plot of roughly 0.022 of an acre, or 91m². The below map shows the location of 11 RED NORMAN RISE, 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 RED NORMAN RISE). 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 11 RED NORMAN RISE?

11 RED NORMAN RISE is located in HOLMER, in the HR1 postcode district. The below map shows the position of No. 11 on RED NORMAN RISE.