2, BANNUT TREE CLOSE, CREDENHILL, HEREFORD, HR4 7EP - £425,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 BANNUT TREE CLOSE is a large detached house of 130m², which could now be worth an estimated £435,599. It was last sold for £425,000 in August 2022, which was about the average August 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was B, and the potential energy rating was A.

2 BANNUT TREE CLOSE Sold Prices

Land registry data shows two sales for 2 BANNUT TREE 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. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 15 AUG	£425,000	£426,778	Close to HPI
2019 3 OCT	£350,000	£350,455	Close to HPI

2 BANNUT TREE 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 BANNUT TREE CLOSE sales from October 2019 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 October 2019 sale roughly matched the HPI. So the extrapolation line tracks in line HPI over time, until the August 2022 sale, which was also at roughly the same level as the HPI.

What might 2 BANNUT TREE CLOSE be worth now?

2 BANNUT TREE CLOSE might now be worth an estimated £435,599.

This is based on house price inflation of 2.5%, between August 2022 and December 2024, 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 2.5% inflationary increase is applied to the most recent sale price for 2 BANNUT TREE CLOSE of £425,000 on 15th August 2022. For the value to have increased from £425,000 to £435,599 over the one year and eight months to December 2024, the following assumptions must hold true:

• The value of 2 BANNUT TREE CLOSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The August 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BANNUT TREE CLOSE has not materially changed since August 2022.

How Large is 2 BANNUT TREE CLOSE?

2 BANNUT TREE CLOSE is 130m² according to the EPC inspection conducted in September 2018. This puts it in the largest 30% of detached houses houses in Credenhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Credenhill, and where 2 BANNUT TREE CLOSE lies on this distribution: 72% of detached houses houses are smaller than 2 BANNUT TREE CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Credenhill.

2 BANNUT TREE CLOSE: Plot and Title Map

2 BANNUT TREE CLOSE sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of 2 BANNUT TREE 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 BANNUT TREE 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 BANNUT TREE CLOSE?

2 BANNUT TREE CLOSE is located in CREDENHILL, in the HR4 postcode district. The below map shows the position of No. 2 on BANNUT TREE CLOSE.