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

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 POUND CLOSE is a small extended detached house of 105m², built sometime between 1996 and 2002, which could now be worth an estimated £349,308. It was last sold for £176,000 in December 2003, which was around 21% 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	£223,177	21% below HPI
2002 16 AUG	£159,500	£178,207	10% below HPI
1997 15 AUG	£88,950	£99,561	11% 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2003 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 3 POUND CLOSE be worth now?

3 POUND CLOSE might now be worth an estimated £349,308.

This is based on house price inflation of 98.5%, between December 2003 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 98.5% inflationary increase is applied to the most recent sale price for 3 POUND CLOSE of £176,000 on 19th December 2003. For the value to have increased from £176,000 to £349,308 over the 22 years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 POUND CLOSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The December 2003 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of 3 POUND CLOSE has not materially changed since December 2003.

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 houses in Tarrington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tarrington, and where 3 POUND CLOSE lies on this distribution: 21% of detached houses 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.