3, POUND CLOSE, TARRINGTON, HEREFORD, HR1 4AZ - £176,000

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 POUND CLOSE is a small extended detached house of 105m², built sometime between 1996 and 2002. It was last sold for £176,000 in December 2003, which was around 20% below the average December 2003 detached price in the Herefordshire local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

3 POUND CLOSE Sold Prices

Land registry data shows three sales for 3 POUND CLOSE 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 3 POUND 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
2003 19 DEC	£176,000	£220,116	20% below HPI
2002 16 AUG	£159,500	£175,763	9% below HPI
1997 15 AUG	£88,950	£98,195	9% below HPI

3 POUND 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 three 3 POUND CLOSE sales between August 1997 and December 2003 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 2002 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2003 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 3 POUND CLOSE?

3 POUND CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% of detached houses in Tarrington, based on EPC data. The below chart shows the distribution of detached houses by size in Tarrington, and where 3 POUND CLOSE lies on this distribution: 21% of detached houses are smaller than 3 POUND CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Tarrington.

3 POUND CLOSE: Plot and Title Map

3 POUND CLOSE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 3 POUND 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 POUND 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 POUND CLOSE?

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