3, TOWER ROAD, HEREFORD, HR4 0LF - £225,000

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 TOWER ROAD is a midsized detached house of 107m², built sometime between 1976 and 1982. It was last sold for £225,000 in January 2014, which was around 17% below the average January 2014 detached price in the Herefordshire local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.

3 TOWER ROAD Sold Prices

Land registry data shows two sales for 3 TOWER ROAD 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. One of the two 3 TOWER ROAD sales was for below the average price, whilst the other was 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
2014 30 JAN	£225,000	£270,733	17% below HPI
1995 28 FEB	£92,000	£84,629	9% above HPI

3 TOWER ROAD 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 TOWER ROAD sales from February 1995 and January 2014 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 February 1995 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the January 2014 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 3 TOWER ROAD?

3 TOWER ROAD is 107m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 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 TOWER ROAD lies on this distribution: 41% of detached houses are smaller than 3 TOWER ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Hereford.

3 TOWER ROAD: Plot and Title Map

3 TOWER ROAD sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 3 TOWER ROAD, 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 TOWER ROAD). 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 TOWER ROAD?

3 TOWER ROAD is located in HEREFORD, in the HR4 postcode district. The below map shows the position of No. 3 on TOWER ROAD.