2, MEADOW BANK ROAD, HEREFORD, HR1 2ST - £265,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MEADOW BANK ROAD is a midsized detached house of 112m², built sometime between 1983 and 1990, which could now be worth an estimated £381,456. It was last sold for £265,000 in October 2015, which was around 14% below the average October 2015 detached price in the Herefordshire local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was D.

2 MEADOW BANK ROAD Sold Prices

Land registry data shows two sales for 2 MEADOW BANK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Both of the two 2 MEADOW BANK ROAD 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 7 OCT	£265,000	£307,713	14% below HPI
2011 10 JUN	£208,000	£272,971	24% below HPI

2 MEADOW BANK ROAD 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 two 2 MEADOW BANK ROAD sales from June 2011 and October 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 June 2011 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2015 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 MEADOW BANK ROAD be worth now?

2 MEADOW BANK ROAD might now be worth an estimated £381,456.

This is based on house price inflation of 43.9%, between October 2015 and February 2025, for detached houses, in the Herefordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.9% inflationary increase is applied to the most recent sale price for 2 MEADOW BANK ROAD of £265,000 on 7th October 2015. For the value to have increased from £265,000 to £381,456 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 MEADOW BANK ROAD has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The October 2015 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MEADOW BANK ROAD has not materially changed since October 2015.

How Large is 2 MEADOW BANK ROAD?

2 MEADOW BANK ROAD is 112m² according to the EPC inspection conducted in October 2009. This puts it in the largest 50% of detached houses houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hereford, and where 2 MEADOW BANK ROAD lies on this distribution: 50% of detached houses houses are smaller than 2 MEADOW BANK ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Hereford.

2 MEADOW BANK ROAD: Plot and Title Map

2 MEADOW BANK ROAD sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 2 MEADOW BANK ROAD, 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 MEADOW BANK ROAD). 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 MEADOW BANK ROAD?

2 MEADOW BANK ROAD is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 2 on MEADOW BANK ROAD.