131, OLD ROAD, BROMYARD, HR7 4AX - £218,000

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.

131 OLD ROAD is a small detached house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £277,631. It was last sold for £218,000 in February 2020, which was around 37% below the average February 2020 detached price in the Herefordshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

131 OLD ROAD Sold Prices

Land registry data shows three sales for 131 OLD 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. All of the three 131 OLD ROAD 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
2020 28 FEB	£218,000	£347,803	37% below HPI
2015 31 JUL	£207,500	£296,615	30% below HPI
1998 7 OCT	£89,000	£107,049	17% below HPI

131 OLD 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 131 OLD ROAD sales between October 1998 and February 2020 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 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2020 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 131 OLD ROAD be worth now?

131 OLD ROAD might now be worth an estimated £277,631.

This is based on house price inflation of 27.4%, between February 2020 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 27.4% inflationary increase is applied to the most recent sale price for 131 OLD ROAD of £218,000 on 28th February 2020. For the value to have increased from £218,000 to £277,631 over the five years to February 2025, the following assumptions must hold true:

• The value of 131 OLD ROAD has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The February 2020 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 131 OLD ROAD has not materially changed since February 2020.

How Large is 131 OLD ROAD?

131 OLD ROAD is 87m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of detached houses houses in Bromyard, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromyard, and where 131 OLD ROAD lies on this distribution: 38% of detached houses houses are smaller than 131 OLD ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Bromyard.

131 OLD ROAD: Plot and Title Map

131 OLD ROAD sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 131 OLD 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 131 OLD 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 131 OLD ROAD?

131 OLD ROAD is located in BROMYARD, in the HR7 postcode district. The below map shows the position of No. 131 on OLD ROAD.