16, FARR CLOSE, HEREFORD, HR1 1QF - £192,500

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 FARR CLOSE is a small extended semi-detached house of 97m², built sometime between 1950 and 1966, which could now be worth an estimated £313,007. It was last sold for £192,500 in November 2013, which was around 12% above the average November 2013 semi-detached price in the Herefordshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was B.

16 FARR CLOSE Sold Prices

Land registry data shows two sales for 16 FARR CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Herefordshire local authority area for the corresponding sale date. Both of the two 16 FARR 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
2013 29 NOV	£192,500	£171,287	12% above HPI
1996 16 FEB	£65,000	£52,106	25% above HPI

16 FARR CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two 16 FARR CLOSE sales from February 1996 and November 2013 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 1996 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the November 2013 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 16 FARR CLOSE be worth now?

16 FARR CLOSE might now be worth an estimated £313,007.

This is based on house price inflation of 62.6%, between November 2013 and February 2025, for semi-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 62.6% inflationary increase is applied to the most recent sale price for 16 FARR CLOSE of £192,500 on 29th November 2013. For the value to have increased from £192,500 to £313,007 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 FARR CLOSE has moved in line with the HPI for semi-detached houses in the Herefordshire local authority area.
• The November 2013 sale price of £192,500 represented a fair market value for the property.
• The size, condition, and specification of 16 FARR CLOSE has not materially changed since November 2013.

How Large is 16 FARR CLOSE?

16 FARR CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of semi-detached houses houses in Hereford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hereford, and where 16 FARR CLOSE lies on this distribution: 32% of semi-detached houses houses are smaller than 16 FARR CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Hereford.

16 FARR CLOSE: Plot and Title Map

16 FARR CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 16 FARR 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 FARR 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 FARR CLOSE?

16 FARR CLOSE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 16 on FARR CLOSE.