Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
4 FAYRE OAKS DRIVE is a small detached house of 88m², built sometime between 1950 and 1966. It was last sold for £260,000 in February 2007, which was around 5% 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.
Land registry data shows two sales for 4 FAYRE OAKS DRIVE since 1st 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 | £273,330 | 5% below HPI |
2005 27 OCT | £182,000 | £257,131 | 29% below HPI |
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 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2007 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.
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 in Hereford, based on EPC data. The below chart shows the distribution of detached houses by size in Hereford, and where 4 FAYRE OAKS DRIVE lies on this distribution: 21% of detached 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 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.
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.