12, ELM ROAD, HEREFORD, HR1 2TH - £340,000

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.

12 ELM ROAD is a large extended detached house of 124m², built sometime between 1950 and 1966, which could now be worth an estimated £432,018. It was last sold for £340,000 in July 2018, which was around 2% below the average July 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

12 ELM ROAD Sold Prices

Land registry data shows two sales for 12 ELM 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. One of the two 12 ELM ROAD sales was for below the average price, whilst the other was 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
2018 9 JUL	£340,000	£348,596	2% below HPI
1996 9 NOV	£102,500	£91,064	13% above HPI

12 ELM 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 12 ELM ROAD sales from November 1996 and July 2018 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 November 1996 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2018 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 12 ELM ROAD be worth now?

12 ELM ROAD might now be worth an estimated £432,018.

This is based on house price inflation of 27.1%, between July 2018 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 27.1% inflationary increase is applied to the most recent sale price for 12 ELM ROAD of £340,000 on 9th July 2018. For the value to have increased from £340,000 to £432,018 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 12 ELM ROAD has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The July 2018 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ELM ROAD has not materially changed since July 2018.

How Large is 12 ELM ROAD?

12 ELM ROAD is 124m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 40% 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 12 ELM ROAD lies on this distribution: 62% of detached houses houses are smaller than 12 ELM ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Hereford.

12 ELM ROAD: Plot and Title Map

12 ELM ROAD sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 12 ELM 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 12 ELM 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 12 ELM ROAD?

12 ELM ROAD is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 12 on ELM ROAD.