2, FAIRFIELD CLOSE, LEDBURY, HR8 2GG - £550,000

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 FAIRFIELD CLOSE is a very large detached house of 180m², built sometime between 2003 and 2006. It was last sold for £550,000 in January 2021, which was around 47% above the average January 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

2 FAIRFIELD CLOSE Sold Prices

Land registry data shows three sales for 2 FAIRFIELD 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 FAIRFIELD 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
2021 21 JAN	£550,000	£373,632	47% above HPI
2006 22 NOV	£348,000	£278,738	25% above HPI
2005 15 DEC	£320,000	£255,547	25% above HPI

2 FAIRFIELD 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 FAIRFIELD CLOSE sales between December 2005 and January 2021 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 November 2006 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the January 2021 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 2 FAIRFIELD CLOSE?

2 FAIRFIELD CLOSE is 180m² according to the EPC inspection conducted in September 2020. This puts it in the largest 10% 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 FAIRFIELD CLOSE lies on this distribution: 95% of detached houses are smaller than 2 FAIRFIELD CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

2 FAIRFIELD CLOSE: Plot and Title Map

2 FAIRFIELD CLOSE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 2 FAIRFIELD 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 FAIRFIELD 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 FAIRFIELD CLOSE?

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