15, DERNSIDE CLOSE, WELLINGTON, HEREFORD, HR4 8BP - £345,000

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.

15 DERNSIDE CLOSE is a midsized extended detached house of 147m², built sometime between 1991 and 1995, which could now be worth an estimated £404,192. It was last sold for £345,000 in November 2020, which was around 9% below the average November 2020 detached price in the Herefordshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

15 DERNSIDE CLOSE Sold Prices

Land registry data shows four sales for 15 DERNSIDE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the four 15 DERNSIDE CLOSE 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 6 NOV	£345,000	£378,074	9% below HPI
2016 29 JUL	£263,000	£312,738	16% below HPI
2008 17 APR	£275,000	£283,527	3% below HPI
1999 5 NOV	£114,000	£121,961	7% below HPI

15 DERNSIDE 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 four 15 DERNSIDE CLOSE sales between November 1999 and November 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 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2020 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 15 DERNSIDE CLOSE be worth now?

15 DERNSIDE CLOSE might now be worth an estimated £404,192.

This is based on house price inflation of 17.2%, between November 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 17.2% inflationary increase is applied to the most recent sale price for 15 DERNSIDE CLOSE of £345,000 on 6th November 2020. For the value to have increased from £345,000 to £404,192 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 15 DERNSIDE CLOSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The November 2020 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 15 DERNSIDE CLOSE has not materially changed since November 2020.

How Large is 15 DERNSIDE CLOSE?

15 DERNSIDE CLOSE is 147m², which includes four extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of detached houses houses in Wellington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wellington, and where 15 DERNSIDE CLOSE lies on this distribution: 47% of detached houses houses are smaller than 15 DERNSIDE CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Wellington.

15 DERNSIDE CLOSE: Plot and Title Map

15 DERNSIDE CLOSE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 15 DERNSIDE 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 15 DERNSIDE 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 15 DERNSIDE CLOSE?

15 DERNSIDE CLOSE is located in WELLINGTON, in the HR4 postcode district. The below map shows the position of No. 15 on DERNSIDE CLOSE.