3, LYALL CLOSE, HEREFORD, HR1 1XG - £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

3 LYALL CLOSE is a very small detached house of 55m², built sometime between 1950 and 1966. It was last sold for £215,000 in March 2021, which was around 41% below the average March 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

3 LYALL CLOSE Sold Prices

Land registry data shows four sales for 3 LYALL 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 LYALL 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 12 MAR	£215,000	£362,179	41% below HPI
2015 18 JUN	£202,500	£292,443	31% below HPI
2006 15 SEP	£199,500	£271,577	27% below HPI
2001 19 JAN	£96,500	£135,597	29% below HPI

3 LYALL 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 LYALL CLOSE sales between January 2001 and March 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 June 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2021 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 3 LYALL CLOSE?

3 LYALL CLOSE is 55m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% 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 LYALL CLOSE lies on this distribution: 1% of detached houses are smaller than 3 LYALL CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Hereford.

3 LYALL CLOSE: Plot and Title Map

3 LYALL CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 3 LYALL 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 LYALL 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 LYALL CLOSE?

3 LYALL CLOSE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 3 on LYALL CLOSE.