12, POUND CLOSE, TARRINGTON, HEREFORD, HR1 4AZ - £335,000

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

12 POUND CLOSE is a small detached house of 128m², built sometime between 1996 and 2002. It was last sold for £335,000 in February 2019, which was about the average February 2019 detached price in the Herefordshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

12 POUND CLOSE Sold Prices

Land registry data shows three sales for 12 POUND CLOSE 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. The three 12 POUND CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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 28 FEB	£335,000	£334,392	Close to HPI
2016 22 JAN	£290,000	£308,080	6% below HPI
1997 18 NOV	£119,000	£98,206	21% above HPI

12 POUND 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 three 12 POUND CLOSE sales between November 1997 and February 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 January 2016 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 12 POUND CLOSE?

12 POUND CLOSE is 128m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 40% of detached houses in Tarrington, based on EPC data. The below chart shows the distribution of detached houses by size in Tarrington, and where 12 POUND CLOSE lies on this distribution: 39% of detached houses are smaller than 12 POUND CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Tarrington.

12 POUND CLOSE: Plot and Title Map

12 POUND CLOSE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 12 POUND 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 12 POUND 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 12 POUND CLOSE?

12 POUND CLOSE is located in TARRINGTON, in the HR1 postcode district. The below map shows the position of No. 12 on POUND CLOSE.