39, SOUTHBANK ROAD, HEREFORD, HR1 2TL - £317,500

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

39 SOUTHBANK ROAD is a very small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £317,500 in July 2018, which was around 8% below the average July 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

39 SOUTHBANK ROAD Sold Prices

Land registry data shows two sales for 39 SOUTHBANK 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. Both of the two 39 SOUTHBANK 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
2018 27 JUL	£317,500	£343,814	8% below HPI
2003 18 JUL	£189,950	£209,534	9% below HPI

39 SOUTHBANK 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 39 SOUTHBANK ROAD sales from July 2003 and July 2018 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 2003 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2018 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 39 SOUTHBANK ROAD?

39 SOUTHBANK ROAD is 82m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses by size in Hereford, and where 39 SOUTHBANK ROAD lies on this distribution: 15% of detached houses are smaller than 39 SOUTHBANK ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Hereford.

39 SOUTHBANK ROAD: Plot and Title Map

39 SOUTHBANK ROAD sits on a plot of roughly 0.179 of an acre, or 724m². The below map shows the location of 39 SOUTHBANK 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 39 SOUTHBANK 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 39 SOUTHBANK ROAD?

39 SOUTHBANK ROAD is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 39 on SOUTHBANK ROAD.