16, FARJEON CLOSE, LEDBURY, HR8 2FU - £278,000

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.

16 FARJEON CLOSE is a midsized detached house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £415,910. It was last sold for £278,000 in May 2015, which was around 6% below the average May 2015 detached price in the Herefordshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

16 FARJEON CLOSE Sold Prices

Land registry data shows two sales for 16 FARJEON CLOSE 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 16 FARJEON 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
2015 22 MAY	£278,000	£296,067	6% below HPI
2000 11 FEB	£110,995	£124,405	11% below HPI

16 FARJEON 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 two 16 FARJEON CLOSE sales from February 2000 and May 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 February 2000 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2015 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 16 FARJEON CLOSE be worth now?

16 FARJEON CLOSE might now be worth an estimated £415,910.

This is based on house price inflation of 49.6%, between May 2015 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 49.6% inflationary increase is applied to the most recent sale price for 16 FARJEON CLOSE of £278,000 on 22nd May 2015. For the value to have increased from £278,000 to £415,910 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 16 FARJEON CLOSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The May 2015 sale price of £278,000 represented a fair market value for the property.
• The size, condition, and specification of 16 FARJEON CLOSE has not materially changed since May 2015.

How Large is 16 FARJEON CLOSE?

16 FARJEON CLOSE is 109m² according to the EPC inspection conducted in August 2014. This puts it in the largest 50% of detached houses houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ledbury, and where 16 FARJEON CLOSE lies on this distribution: 49% of detached houses houses are smaller than 16 FARJEON CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

16 FARJEON CLOSE: Plot and Title Map

16 FARJEON CLOSE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 16 FARJEON 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 16 FARJEON 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 16 FARJEON CLOSE?

16 FARJEON CLOSE is located in LEDBURY, in the HR8 postcode district. The below map shows the position of No. 16 on FARJEON CLOSE.