3, MONKSCROFT DRIVE, BELMONT, HEREFORD, HR2 7XB - £187,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 MONKSCROFT DRIVE is a very small extended detached house of 85m², built sometime between 1983 and 1990, which could now be worth an estimated £266,298. It was last sold for £187,500 in August 2016, which was around 40% below the average August 2016 detached price in the Herefordshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

3 MONKSCROFT DRIVE Sold Prices

Land registry data shows two sales for 3 MONKSCROFT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Both of the two 3 MONKSCROFT DRIVE 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
2016 15 AUG	£187,500	£311,873	40% below HPI
1995 14 DEC	£65,000	£88,923	27% below HPI

3 MONKSCROFT DRIVE 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 two 3 MONKSCROFT DRIVE sales from December 1995 and August 2016 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 December 1995 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2016 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 3 MONKSCROFT DRIVE be worth now?

3 MONKSCROFT DRIVE might now be worth an estimated £266,298.

This is based on house price inflation of 42%, between August 2016 and February 2025, for detached houses, in the Herefordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42% inflationary increase is applied to the most recent sale price for 3 MONKSCROFT DRIVE of £187,500 on 15th August 2016. For the value to have increased from £187,500 to £266,298 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 3 MONKSCROFT DRIVE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The August 2016 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 3 MONKSCROFT DRIVE has not materially changed since August 2016.

How Large is 3 MONKSCROFT DRIVE?

3 MONKSCROFT DRIVE is 85m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of detached houses houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hereford, and where 3 MONKSCROFT DRIVE lies on this distribution: 18% of detached houses houses are smaller than 3 MONKSCROFT DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Hereford.

3 MONKSCROFT DRIVE: Plot and Title Map

3 MONKSCROFT DRIVE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 3 MONKSCROFT DRIVE, 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 MONKSCROFT DRIVE). 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 MONKSCROFT DRIVE?

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