12, SOUTHBANK ROAD, HEREFORD, HR1 2TJ - £430,000

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 SOUTHBANK ROAD is a very large extended detached house of 172m², built sometime between 1967 and 1975. It was last sold for £430,000 in October 2017, which was around 31% above the average October 2017 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

12 SOUTHBANK ROAD Sold Prices

Land registry data shows three sales for 12 SOUTHBANK ROAD 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. Two of the three 12 SOUTHBANK ROAD sales were for above the average price, whilst one was 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
2017 27 OCT	£430,000	£328,910	31% above HPI
2012 3 DEC	£245,000	£267,603	8% below HPI
1998 30 JAN	£115,000	£100,388	15% above HPI

12 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 three 12 SOUTHBANK ROAD sales between January 1998 and October 2017 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 December 2012 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2017 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 12 SOUTHBANK ROAD?

12 SOUTHBANK ROAD is 172m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 20% of detached houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses by size in Hereford, and where 12 SOUTHBANK ROAD lies on this distribution: 88% of detached houses are smaller than 12 SOUTHBANK ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Hereford.

12 SOUTHBANK ROAD: Plot and Title Map

12 SOUTHBANK ROAD sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 12 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 12 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 12 SOUTHBANK ROAD?

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