3, STABLE DRIVE, HEREFORD, HR2 6SH - £185,000

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 STABLE DRIVE is a very small detached house of 83m², built sometime between 2003 and 2006. It was last sold for £185,000 in September 2015, which was around 38% below the average September 2015 detached price in the Herefordshire local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

3 STABLE DRIVE Sold Prices

Land registry data shows two sales for 3 STABLE 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 STABLE 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
2015 25 SEP	£185,000	£300,639	38% below HPI
2007 30 MAR	£175,000	£277,346	37% below HPI

3 STABLE 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 STABLE DRIVE sales from March 2007 and September 2015 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 March 2007 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2015 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 3 STABLE DRIVE?

3 STABLE DRIVE is 83m² according to the EPC inspection conducted in October 2009. 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 STABLE DRIVE lies on this distribution: 16% of detached houses are smaller than 3 STABLE DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Hereford.

3 STABLE DRIVE: Plot and Title Map

3 STABLE DRIVE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 3 STABLE 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 STABLE 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 STABLE DRIVE?

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