2, DRINKWATER CLOSE, LEDBURY, HR8 2UX - £245,000

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

2 DRINKWATER CLOSE is a very small detached house of 81m², built sometime between 2003 and 2006. It was last sold for £245,000 in August 2020, which was around 31% below the average August 2020 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

2 DRINKWATER CLOSE Sold Prices

Land registry data shows three sales for 2 DRINKWATER 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 2 DRINKWATER 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
2020 24 AUG	£245,000	£355,217	31% below HPI
2007 29 JUN	£192,500	£285,488	33% below HPI
1998 27 NOV	£69,995	£107,352	35% below HPI

2 DRINKWATER 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 2 DRINKWATER CLOSE sales between November 1998 and August 2020 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 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2020 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 DRINKWATER CLOSE?

2 DRINKWATER CLOSE is 81m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of detached houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses by size in Ledbury, and where 2 DRINKWATER CLOSE lies on this distribution: 19% of detached houses are smaller than 2 DRINKWATER CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

2 DRINKWATER CLOSE: Plot and Title Map

2 DRINKWATER CLOSE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 2 DRINKWATER 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 DRINKWATER 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 DRINKWATER CLOSE?

2 DRINKWATER CLOSE is located in LEDBURY, in the HR8 postcode district. The below map shows the position of No. 2 on DRINKWATER CLOSE.