2, BAILEY CLOSE, MADLEY, HEREFORD, HR2 9NW - £293,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 BAILEY CLOSE is a very large detached house of 170m², built sometime between 2003 and 2006. It was last sold for £293,000 in March 2010, which was around 6% above the average March 2010 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

2 BAILEY CLOSE Sold Prices

Land registry data shows two sales for 2 BAILEY 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 2 BAILEY 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
2010 23 MAR	£293,000	£275,863	6% above HPI
2006 11 AUG	£285,000	£265,251	7% above HPI

2 BAILEY 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 2 BAILEY CLOSE sales from August 2006 and March 2010 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 August 2006 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2010 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 2 BAILEY CLOSE?

2 BAILEY CLOSE is 170m² according to the EPC inspection conducted in September 2009. This puts it in the largest 20% of detached houses in Madley, based on EPC data. The below chart shows the distribution of detached houses by size in Madley, and where 2 BAILEY CLOSE lies on this distribution: 80% of detached houses are smaller than 2 BAILEY CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Madley.

2 BAILEY CLOSE: Plot and Title Map

2 BAILEY CLOSE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 2 BAILEY 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 2 BAILEY 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 2 BAILEY CLOSE?

2 BAILEY CLOSE is located in MADLEY, in the HR2 postcode district. The below map shows the position of No. 2 on BAILEY CLOSE.