2, GAISFORD CLOSE, HEREFORD, HR1 1YG - £225,000

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 GAISFORD CLOSE is a midsized extended detached house of 111m², built sometime between 1983 and 1990. It was last sold for £225,000 in January 2016, which was around 27% below the average January 2016 detached price in the Herefordshire local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

2 GAISFORD CLOSE Sold Prices

Land registry data shows four sales for 2 GAISFORD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the four 2 GAISFORD 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
2016 5 JAN	£225,000	£308,080	27% below HPI
2012 11 OCT	£192,500	£269,273	29% below HPI
2006 6 FEB	£222,000	£255,976	13% below HPI
2003 17 JAN	£157,000	£197,821	21% below HPI

2 GAISFORD 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 four 2 GAISFORD CLOSE sales between January 2003 and January 2016 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 2012 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2016 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 GAISFORD CLOSE?

2 GAISFORD CLOSE is 111m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the smallest 50% of detached houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses by size in Hereford, and where 2 GAISFORD CLOSE lies on this distribution: 47% of detached houses are smaller than 2 GAISFORD CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Hereford.

2 GAISFORD CLOSE: Plot and Title Map

2 GAISFORD CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 2 GAISFORD 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 GAISFORD 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 GAISFORD CLOSE?

2 GAISFORD CLOSE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 2 on GAISFORD CLOSE.