3, TEME WAY, LEDBURY, HR8 2FQ - £305,000

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 TEME WAY is a large detached house of 125m², built sometime between 1996 and 2002. It was last sold for £305,000 in August 2015, which was around 3% above the average August 2015 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

3 TEME WAY Sold Prices

Land registry data shows two sales for 3 TEME WAY 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 TEME WAY sales were for above 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 17 AUG	£305,000	£295,856	3% above HPI
2000 28 JUL	£136,500	£133,025	3% above HPI

3 TEME WAY 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 TEME WAY sales from July 2000 and August 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 July 2000 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2015 sale, which was also at 3% above the HPI.

How Large is 3 TEME WAY?

3 TEME WAY is 125m² according to the EPC inspection conducted in March 2012. This puts it in the largest 40% of detached houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses by size in Ledbury, and where 3 TEME WAY lies on this distribution: 70% of detached houses are smaller than 3 TEME WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

3 TEME WAY: Plot and Title Map

3 TEME WAY sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 3 TEME WAY, 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 TEME WAY). 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 TEME WAY?

3 TEME WAY is located in LEDBURY, in the HR8 postcode district. The below map shows the position of No. 3 on TEME WAY.