23, PENNINE CLOSE, HEREFORD, HR4 0TE - £255,000

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

23 PENNINE CLOSE is a midsized extended detached house of 111m², built sometime between 1976 and 1982. It was last sold for £255,000 in March 2017, which was around 18% below the average March 2017 detached price in the Herefordshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

23 PENNINE CLOSE Sold Prices

Land registry data shows four sales for 23 PENNINE 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 23 PENNINE 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
2017 27 MAR	£255,000	£310,155	18% below HPI
2004 1 MAR	£182,500	£227,036	20% below HPI
2002 15 MAY	£149,500	£160,958	7% below HPI
2000 11 AUG	£115,000	£136,051	15% below HPI

23 PENNINE 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 23 PENNINE CLOSE sales between August 2000 and March 2017 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 March 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2017 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 23 PENNINE CLOSE?

23 PENNINE CLOSE is 111m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the smallest 50% of detached houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses by size in Hereford, and where 23 PENNINE CLOSE lies on this distribution: 47% of detached houses are smaller than 23 PENNINE CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Hereford.

23 PENNINE CLOSE: Plot and Title Map

23 PENNINE CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 23 PENNINE 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 23 PENNINE 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 23 PENNINE CLOSE?

23 PENNINE CLOSE is located in HEREFORD, in the HR4 postcode district. The below map shows the position of No. 23 on PENNINE CLOSE.