31, ALBERT ROAD, LEDBURY, HR8 2DN - £385,000

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

31 ALBERT ROAD is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £385,000 in March 2023, which was around 10% below the average March 2023 detached price in the Herefordshire local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

31 ALBERT ROAD Sold Prices

Land registry data shows four sales for 31 ALBERT ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the four 31 ALBERT ROAD 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
2023 31 MAR	£385,000	£427,918	10% below HPI
2014 11 APR	£245,000	£279,908	12% below HPI
2007 27 APR	£247,000	£281,761	12% below HPI
2006 4 MAY	£195,000	£260,942	25% below HPI

31 ALBERT 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 four 31 ALBERT ROAD sales between May 2006 and March 2023 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 April 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 31 ALBERT ROAD?

31 ALBERT ROAD is 75m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of detached houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses by size in Ledbury, and where 31 ALBERT ROAD lies on this distribution: 8% of detached houses are smaller than 31 ALBERT ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

31 ALBERT ROAD: Plot and Title Map

31 ALBERT ROAD sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of 31 ALBERT 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 31 ALBERT 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 31 ALBERT ROAD?

31 ALBERT ROAD is located in LEDBURY, in the HR8 postcode district. The below map shows the position of No. 31 on ALBERT ROAD.