18, FARJEON CLOSE, LEDBURY, HR8 2FU - £522,000

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.

18 FARJEON CLOSE is a very large detached house of 150m², built sometime between 1996 and 2002, which could now be worth an estimated £541,768. It was last sold for £522,000 in August 2022, which was around 22% above the average August 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was C.

18 FARJEON CLOSE Sold Prices

Land registry data shows four sales for 18 FARJEON 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 18 FARJEON 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
2022 22 AUG	£522,000	£426,778	22% above HPI
2017 7 FEB	£400,000	£314,872	27% above HPI
2012 7 SEP	£313,500	£276,065	14% above HPI
2000 25 FEB	£149,995	£124,405	21% above HPI

18 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 four 18 FARJEON CLOSE sales between February 2000 and August 2022 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 2017 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the August 2022 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 18 FARJEON CLOSE be worth now?

18 FARJEON CLOSE might now be worth an estimated £541,768.

This is based on house price inflation of 3.8%, between August 2022 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 3.8% inflationary increase is applied to the most recent sale price for 18 FARJEON CLOSE of £522,000 on 22nd August 2022. For the value to have increased from £522,000 to £541,768 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 18 FARJEON CLOSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The August 2022 sale price of £522,000 represented a fair market value for the property.
• The size, condition, and specification of 18 FARJEON CLOSE has not materially changed since August 2022.

How Large is 18 FARJEON CLOSE?

18 FARJEON CLOSE is 150m² according to the EPC inspection conducted in November 2021. This puts it in the largest 20% 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 18 FARJEON CLOSE lies on this distribution: 86% of detached houses houses are smaller than 18 FARJEON CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

18 FARJEON CLOSE: Plot and Title Map

18 FARJEON CLOSE sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 18 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 18 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 18 FARJEON CLOSE?

18 FARJEON CLOSE is located in LEDBURY, in the HR8 postcode district. The below map shows the position of No. 18 on FARJEON CLOSE.