18, MULBERRY CLOSE, BELMONT, HEREFORD, HR2 7UT - £122,000

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

18 MULBERRY CLOSE is a very small detached house of 45m², built sometime between 1991 and 1995. It was last sold for £122,000 in March 2015, which was around 58% below the average March 2015 detached price in the Herefordshire local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was C.

18 MULBERRY CLOSE Sold Prices

Land registry data shows three sales for 18 MULBERRY 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 18 MULBERRY 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 27 MAR	£122,000	£290,693	58% below HPI
2011 3 JUN	£105,000	£269,226	61% below HPI
2009 23 JUL	£99,500	£257,180	61% below HPI

18 MULBERRY 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 18 MULBERRY CLOSE sales between July 2009 and March 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 June 2011 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the March 2015 sale, where it rises to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 18 MULBERRY CLOSE?

18 MULBERRY CLOSE is 45m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 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 18 MULBERRY CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 18 MULBERRY CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hereford.

18 MULBERRY CLOSE: Plot and Title Map

18 MULBERRY CLOSE sits on a plot of roughly 0.010 of an acre, or 40m². The below map shows the location of 18 MULBERRY 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 MULBERRY 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 MULBERRY CLOSE?

18 MULBERRY CLOSE is located in BELMONT, in the HR2 postcode district. The below map shows the position of No. 18 on MULBERRY CLOSE.