15, THE PARK, HEREFORD, HR1 1TF - £630,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 THE PARK is a very large extended detached house of 205m², built sometime between 1983 and 1990, which could now be worth an estimated £798,894. It was last sold for £630,000 in November 2019, which was around 80% above the average November 2019 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

15 THE PARK Sold Prices

Land registry data shows two sales for 15 THE PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Both of the two 15 THE PARK 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
2019 29 NOV	£630,000	£349,298	80% above HPI
1997 11 DEC	£200,000	£100,167	100% above HPI

15 THE PARK 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 two 15 THE PARK sales from December 1997 and November 2019 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 1997 sale was for 100% above the HPI. So the extrapolation line tracks at 100% above the HPI over time, until the November 2019 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might 15 THE PARK be worth now?

15 THE PARK might now be worth an estimated £798,894.

This is based on house price inflation of 26.8%, between November 2019 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 26.8% inflationary increase is applied to the most recent sale price for 15 THE PARK of £630,000 on 29th November 2019. For the value to have increased from £630,000 to £798,894 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 15 THE PARK has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The November 2019 sale price of £630,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE PARK has not materially changed since November 2019.

How Large is 15 THE PARK?

15 THE PARK is 205m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 10% of detached houses houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hereford, and where 15 THE PARK lies on this distribution: 94% of detached houses houses are smaller than 15 THE PARK, and 6% of houses are larger. Note that EPC data is not available for all properties in Hereford.

15 THE PARK: Plot and Title Map

15 THE PARK sits on a plot of roughly 0.621 of an acre, or 2,512m². The below map shows the location of 15 THE PARK, 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 THE PARK). 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 THE PARK?

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