3, GRANTHAM CLOSE, BELMONT, HEREFORD, HR2 7ZG - £220,000

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 GRANTHAM CLOSE is a very small detached house of 80m², built sometime between 1991 and 1995. It was last sold for £220,000 in July 2021, which was around 40% below the average July 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

3 GRANTHAM CLOSE Sold Prices

Land registry data shows five sales for 3 GRANTHAM CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the five 3 GRANTHAM 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
2021 15 JUL	£220,000	£366,280	40% below HPI
2015 11 SEP	£192,500	£300,639	36% below HPI
2011 4 FEB	£166,000	£265,943	38% below HPI
2002 4 OCT	£109,000	£184,533	41% below HPI
1996 19 JUL	£66,995	£87,274	23% below HPI

3 GRANTHAM 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 five 3 GRANTHAM CLOSE sales between July 1996 and July 2021 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 September 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 3 GRANTHAM CLOSE?

3 GRANTHAM CLOSE is 80m² according to the EPC inspection conducted in March 2021. 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 GRANTHAM CLOSE lies on this distribution: 13% of detached houses are smaller than 3 GRANTHAM CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Hereford.

3 GRANTHAM CLOSE: Plot and Title Map

3 GRANTHAM CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 3 GRANTHAM 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 GRANTHAM 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 GRANTHAM CLOSE?

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