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 JOHN LEE ROAD is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £250,000 in May 2024, which was around 42% below the average May 2024 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 31 JOHN LEE ROAD since 1st 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 JOHN LEE 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 |
---|---|---|---|
2024 16 MAY | £250,000 | £431,625 | 42% below HPI |
2018 29 JUN | £203,000 | £341,371 | 41% below HPI |
2004 26 MAY | £163,000 | £237,766 | 31% below HPI |
1999 26 MAR | £74,000 | £107,098 | 31% below HPI |
The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The four 31 JOHN LEE ROAD sales between March 1999 and May 2024 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 June 2018 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2024 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.
31 JOHN LEE ROAD is 72m² according to the EPC inspection conducted in September 2023. 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 JOHN LEE ROAD lies on this distribution: 6% of detached houses are smaller than 31 JOHN LEE ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Ledbury.
31 JOHN LEE ROAD sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 31 JOHN LEE 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 JOHN LEE 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.
31 JOHN LEE ROAD is located in LEDBURY, in the HR8 postcode district. The below map shows the position of No. 31 on JOHN LEE ROAD.