281, GRANDSTAND ROAD, HEREFORD, HR4 9PY - £222,500

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

281 GRANDSTAND ROAD is a small extended detached house of 103m², built sometime between 1967 and 1975. It was last sold for £222,500 in March 2019, which was around 33% below the average March 2019 detached price in the Herefordshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

281 GRANDSTAND ROAD Sold Prices

Land registry data shows three sales for 281 GRANDSTAND ROAD 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 281 GRANDSTAND 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
2019 4 MAR	£222,500	£331,462	33% below HPI
2003 23 MAY	£137,500	£200,800	32% below HPI
2001 16 FEB	£80,000	£134,399	40% below HPI

281 GRANDSTAND 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 three 281 GRANDSTAND ROAD sales between February 2001 and March 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 May 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2019 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 281 GRANDSTAND ROAD?

281 GRANDSTAND ROAD is 103m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 40% of detached houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses by size in Hereford, and where 281 GRANDSTAND ROAD lies on this distribution: 37% of detached houses are smaller than 281 GRANDSTAND ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Hereford.

281 GRANDSTAND ROAD: Plot and Title Map

281 GRANDSTAND ROAD sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 281 GRANDSTAND 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 281 GRANDSTAND 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 281 GRANDSTAND ROAD?

281 GRANDSTAND ROAD is located in HEREFORD, in the HR4 postcode district. The below map shows the position of No. 281 on GRANDSTAND ROAD.