2, MALLORY CLOSE, HEREFORD, HR4 0RD - £415,000

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 MALLORY CLOSE is a very large extended detached house of 155m², built sometime between 1976 and 1982. It was last sold for £415,000 in March 2023, which was around 3% below the average March 2023 detached price in the Herefordshire local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was C.

2 MALLORY CLOSE Sold Prices

Land registry data shows four sales for 2 MALLORY 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 MALLORY 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
2023 17 MAR	£415,000	£427,918	3% below HPI
2013 12 JUL	£250,000	£271,127	8% below HPI
2001 31 AUG	£123,000	£145,598	16% below HPI
1997 10 JAN	£83,000	£90,264	8% below HPI

2 MALLORY 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 MALLORY CLOSE sales between January 1997 and March 2023 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 July 2013 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2023 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 2 MALLORY CLOSE?

2 MALLORY CLOSE is 155m², which includes two extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 20% 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 MALLORY CLOSE lies on this distribution: 83% of detached houses are smaller than 2 MALLORY CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Hereford.

2 MALLORY CLOSE: Plot and Title Map

2 MALLORY CLOSE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 2 MALLORY 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 MALLORY 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 MALLORY CLOSE?

2 MALLORY CLOSE is located in HEREFORD, in the HR4 postcode district. The below map shows the position of No. 2 on MALLORY CLOSE.