3, THE HOPYARDS, HEREFORD, HR2 6RL - £355,000

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 THE HOPYARDS is a midsized detached house of 115m², built sometime between 1996 and 2002. It was last sold for £355,000 in May 2022, which was around 13% below the average May 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

3 THE HOPYARDS Sold Prices

Land registry data shows three sales for 3 THE HOPYARDS 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 THE HOPYARDS 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
2022 16 MAY	£355,000	£409,126	13% below HPI
2016 10 MAY	£232,000	£308,244	25% below HPI
2005 24 NOV	£225,000	£257,146	13% below HPI

3 THE HOPYARDS 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 THE HOPYARDS sales between November 2005 and May 2022 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 May 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 THE HOPYARDS?

3 THE HOPYARDS is 115m² according to the EPC inspection conducted in March 2016. This puts it in the largest 50% 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 THE HOPYARDS lies on this distribution: 53% of detached houses are smaller than 3 THE HOPYARDS, and 47% of houses are larger. Note that EPC data is not available for all properties in Hereford.

3 THE HOPYARDS: Plot and Title Map

3 THE HOPYARDS sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 3 THE HOPYARDS, 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 THE HOPYARDS). 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 THE HOPYARDS?

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