18, SOUTHBANK CLOSE, HEREFORD, HR1 2TQ - £465,000

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 SOUTHBANK CLOSE is a very large detached house of 171m², built sometime between 1983 and 1990. It was last sold for £465,000 in August 2015, which was around 57% above the average August 2015 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

18 SOUTHBANK CLOSE Sold Prices

Land registry data shows three sales for 18 SOUTHBANK 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 SOUTHBANK 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
2015 28 AUG	£465,000	£295,856	57% above HPI
2010 29 OCT	£435,000	£277,092	57% above HPI
2009 13 NOV	£350,000	£264,775	32% above HPI

18 SOUTHBANK 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 SOUTHBANK CLOSE sales between November 2009 and August 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 October 2010 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the August 2015 sale, which was also at 57% above the HPI.

How Large is 18 SOUTHBANK CLOSE?

18 SOUTHBANK CLOSE is 171m² according to the EPC inspection conducted in September 2009. This puts it in the largest 20% 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 SOUTHBANK CLOSE lies on this distribution: 88% of detached houses are smaller than 18 SOUTHBANK CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Hereford.

18 SOUTHBANK CLOSE: Plot and Title Map

18 SOUTHBANK CLOSE sits on a plot of roughly 0.185 of an acre, or 747m². The below map shows the location of 18 SOUTHBANK 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 SOUTHBANK 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 SOUTHBANK CLOSE?

18 SOUTHBANK CLOSE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 18 on SOUTHBANK CLOSE.