2, LION CLOSE, MADLEY, HEREFORD, HR2 9QB - £322,000

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 LION CLOSE is a large detached house of 147m², built sometime between 2003 and 2006. It was last sold for £322,000 in March 2016, which was around 5% above the average March 2016 detached price in the Herefordshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was A.

2 LION CLOSE Sold Prices

Land registry data shows three sales for 2 LION 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 LION 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
2016 30 MAR	£322,000	£307,137	5% above HPI
2007 2 FEB	£298,000	£273,330	9% above HPI
2004 11 JUN	£275,000	£243,347	13% above HPI

2 LION 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 LION CLOSE sales between June 2004 and March 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 February 2007 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2016 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 2 LION CLOSE?

2 LION CLOSE is 147m² according to the EPC inspection conducted in May 2015. This puts it in the largest 40% of detached houses in Madley, based on EPC data. The below chart shows the distribution of detached houses by size in Madley, and where 2 LION CLOSE lies on this distribution: 61% of detached houses are smaller than 2 LION CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Madley.

2 LION CLOSE: Plot and Title Map

2 LION CLOSE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 2 LION 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 LION 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 LION CLOSE?

2 LION CLOSE is located in MADLEY, in the HR2 postcode district. The below map shows the position of No. 2 on LION CLOSE.