3, CRANBORNE CLOSE, BELMONT, HEREFORD, HR2 7SY - £265,000

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

3 CRANBORNE CLOSE is a very small detached house of 79m², built sometime between 1991 and 1995. It was last sold for £265,000 in August 2020, which was around 25% below the average August 2020 detached price in the Herefordshire local authority area. The most recent EPC inspection was October 2012, where the current energy rating was E, and the potential energy rating was B.

3 CRANBORNE CLOSE Sold Prices

Land registry data shows four sales for 3 CRANBORNE 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 3 CRANBORNE 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
2020 28 AUG	£265,000	£355,217	25% below HPI
2013 9 AUG	£185,000	£277,345	33% below HPI
1999 8 OCT	£89,500	£120,193	26% below HPI
1998 30 JAN	£78,950	£100,388	21% below HPI

3 CRANBORNE 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 3 CRANBORNE CLOSE sales between January 1998 and August 2020 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 August 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 CRANBORNE CLOSE?

3 CRANBORNE CLOSE is 79m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 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 3 CRANBORNE CLOSE lies on this distribution: 12% of detached houses are smaller than 3 CRANBORNE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Hereford.

3 CRANBORNE CLOSE: Plot and Title Map

3 CRANBORNE CLOSE sits on a plot of roughly 0.081 of an acre, or 330m². The below map shows the location of 3 CRANBORNE 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 3 CRANBORNE 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 3 CRANBORNE CLOSE?

3 CRANBORNE CLOSE is located in BELMONT, in the HR2 postcode district. The below map shows the position of No. 3 on CRANBORNE CLOSE.