15, SOUTHBANK CLOSE, HEREFORD, HR1 2TQ - £455,000

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

15 SOUTHBANK CLOSE is a very large extended detached house of 186m², built sometime between 1983 and 1990. It was last sold for £455,000 in January 2015, which was around 58% above the average January 2015 detached price in the Herefordshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was C.

15 SOUTHBANK CLOSE Sold Prices

Land registry data shows three sales for 15 SOUTHBANK 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. All of the three 15 SOUTHBANK CLOSE 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
2015 27 JAN	£455,000	£288,587	58% above HPI
2006 10 APR	£299,500	£258,173	16% above HPI
2002 26 JUN	£242,500	£165,404	47% above HPI

15 SOUTHBANK 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 15 SOUTHBANK CLOSE sales between June 2002 and January 2015 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 April 2006 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2015 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 15 SOUTHBANK CLOSE?

15 SOUTHBANK CLOSE is 186m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 10% of detached houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses by size in Hereford, and where 15 SOUTHBANK CLOSE lies on this distribution: 92% of detached houses are smaller than 15 SOUTHBANK CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Hereford.

15 SOUTHBANK CLOSE: Plot and Title Map

15 SOUTHBANK CLOSE sits on a plot of roughly 0.190 of an acre, or 768m². The below map shows the location of 15 SOUTHBANK 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 SOUTHBANK 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 SOUTHBANK CLOSE?

15 SOUTHBANK CLOSE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 15 on SOUTHBANK CLOSE.