2, HERITAGE DRIVE, CREDENHILL, HEREFORD, HR4 7ER - £201,500

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 HERITAGE DRIVE is a small detached house of 87m², built sometime between 1996 and 2002. It was last sold for £201,500 in December 2015, which was around 34% below the average December 2015 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

2 HERITAGE DRIVE Sold Prices

Land registry data shows five sales for 2 HERITAGE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the five 2 HERITAGE DRIVE 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
2015 16 DEC	£201,500	£305,822	34% below HPI
2007 10 AUG	£222,000	£285,090	22% below HPI
2004 23 MAR	£175,000	£227,036	23% below HPI
2002 27 MAR	£117,000	£152,852	23% below HPI
1998 18 DEC	£82,500	£107,115	23% below HPI

2 HERITAGE DRIVE 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 five 2 HERITAGE DRIVE sales between December 1998 and December 2015 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 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2015 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 2 HERITAGE DRIVE?

2 HERITAGE DRIVE is 87m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of detached houses in Credenhill, based on EPC data. The below chart shows the distribution of detached houses by size in Credenhill, and where 2 HERITAGE DRIVE lies on this distribution: 23% of detached houses are smaller than 2 HERITAGE DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Credenhill.

2 HERITAGE DRIVE: Plot and Title Map

2 HERITAGE DRIVE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 2 HERITAGE DRIVE, 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 HERITAGE DRIVE). 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 HERITAGE DRIVE?

2 HERITAGE DRIVE is located in CREDENHILL, in the HR4 postcode district. The below map shows the position of No. 2 on HERITAGE DRIVE.