2, PANSON PLACE, HEREFORD, HR2 6DY - £215,000

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 PANSON PLACE is a small extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £215,000 in October 2019, which was around 38% below the average October 2019 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

2 PANSON PLACE Sold Prices

Land registry data shows two sales for 2 PANSON PLACE 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 PANSON PLACE 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
2019 4 OCT	£215,000	£345,647	38% below HPI
2008 5 DEC	£150,000	£254,762	41% below HPI

2 PANSON PLACE 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 PANSON PLACE sales from December 2008 and October 2019 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 December 2008 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2019 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 2 PANSON PLACE?

2 PANSON PLACE is 89m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 30% 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 PANSON PLACE lies on this distribution: 22% of detached houses are smaller than 2 PANSON PLACE, and 77% of houses are larger. Note that EPC data is not available for all properties in Hereford.

2 PANSON PLACE: Plot and Title Map

2 PANSON PLACE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 2 PANSON PLACE, 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 PANSON PLACE). 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 PANSON PLACE?

2 PANSON PLACE is located in HEREFORD, in the HR2 postcode district. The below map shows the position of No. 2 on PANSON PLACE.