121, PARK STREET, HEREFORD, HR1 2RE - £247,500

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.

121 PARK STREET is a very small extended terraced house of 83m², built sometime before 1900, which could now be worth an estimated £297,992. It was last sold for £247,500 in January 2021, which was around 42% above the average January 2021 terraced price in the Herefordshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

121 PARK STREET Sold Prices

Land registry data shows four sales for 121 PARK STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Herefordshire local authority area for the corresponding sale date. All of the four 121 PARK STREET sales were 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
2021 15 JAN	£247,500	£174,641	42% above HPI
2017 26 JUL	£214,000	£150,837	42% above HPI
2000 17 MAR	£73,000	£53,510	36% above HPI
1995 29 JUN	£47,000	£40,039	17% above HPI

121 PARK STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Herefordshire local authority area over time, sourced from the HPI. The four 121 PARK STREET sales between June 1995 and January 2021 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 July 2017 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the January 2021 sale, which was also at 42% above the HPI.

What might 121 PARK STREET be worth now?

121 PARK STREET might now be worth an estimated £297,992.

This is based on house price inflation of 20.4%, between January 2021 and July 2025, for terraced 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 20.4% inflationary increase is applied to the most recent sale price for 121 PARK STREET of £247,500 on 15th January 2021. For the value to have increased from £247,500 to £297,992 over the three years and six months to July 2025, the following assumptions must hold true:

• The value of 121 PARK STREET has moved in line with the HPI for terraced houses in the Herefordshire local authority area.
• The January 2021 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 121 PARK STREET has not materially changed since January 2021.

How Large is 121 PARK STREET?

121 PARK STREET is 83m², which includes three extensions, according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of terraced houses houses in Hereford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hereford, and where 121 PARK STREET lies on this distribution: 16% of terraced houses houses are smaller than 121 PARK STREET, and 84% of houses are larger. Note that EPC data is not available for all properties in Hereford.

121 PARK STREET: Plot and Title Map

121 PARK STREET sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 121 PARK STREET, 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 121 PARK STREET). 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 121 PARK STREET?

121 PARK STREET is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 121 on PARK STREET.