4, FAYRE OAKS DRIVE, HEREFORD, HR4 0QS - £260,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 FAYRE OAKS DRIVE is a small detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £415,558. It was last sold for £260,000 in February 2007, which was around 6% below the average February 2007 detached price in the Herefordshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

4 FAYRE OAKS DRIVE Sold Prices

Land registry data shows two sales for 4 FAYRE OAKS DRIVE 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 4 FAYRE OAKS DRIVE 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
2007 19 FEB	£260,000	£277,132	6% below HPI
2005 27 OCT	£182,000	£260,707	30% below HPI

4 FAYRE OAKS DRIVE 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 4 FAYRE OAKS DRIVE sales from October 2005 and February 2007 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 October 2005 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2007 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 4 FAYRE OAKS DRIVE be worth now?

4 FAYRE OAKS DRIVE might now be worth an estimated £415,558.

This is based on house price inflation of 59.8%, between February 2007 and February 2025, for detached houses, in the Herefordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.8% inflationary increase is applied to the most recent sale price for 4 FAYRE OAKS DRIVE of £260,000 on 19th February 2007. For the value to have increased from £260,000 to £415,558 over the eighteen years to February 2025, the following assumptions must hold true:

• The value of 4 FAYRE OAKS DRIVE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The February 2007 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FAYRE OAKS DRIVE has not materially changed since February 2007.

How Large is 4 FAYRE OAKS DRIVE?

4 FAYRE OAKS DRIVE is 88m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% of detached houses houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hereford, and where 4 FAYRE OAKS DRIVE lies on this distribution: 22% of detached houses houses are smaller than 4 FAYRE OAKS DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Hereford.

4 FAYRE OAKS DRIVE: Plot and Title Map

4 FAYRE OAKS DRIVE sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of 4 FAYRE OAKS DRIVE, 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 4 FAYRE OAKS DRIVE). 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 4 FAYRE OAKS DRIVE?

4 FAYRE OAKS DRIVE is located in HEREFORD, in the HR4 postcode district. The below map shows the position of No. 4 on FAYRE OAKS DRIVE.