4, MAYERN CLOSE, LEOMINSTER, HR6 8PU - £300,000

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

4 MAYERN CLOSE is a large extended detached house of 130m², built sometime between 1983 and 1990. It was last sold for £300,000 in February 2023, which was around 31% below the average February 2023 detached price in the Herefordshire local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was C.

4 MAYERN CLOSE Sold Prices

Land registry data shows three sales for 4 MAYERN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the three 4 MAYERN CLOSE 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 21 FEB	£300,000	£431,890	31% below HPI
2016 14 JUN	£245,000	£308,544	21% below HPI
2012 13 APR	£198,000	£260,247	24% below HPI

4 MAYERN CLOSE 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 three 4 MAYERN CLOSE sales between April 2012 and February 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 June 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 4 MAYERN CLOSE?

4 MAYERN CLOSE is 130m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 20% of detached houses in Leominster, based on EPC data. The below chart shows the distribution of detached houses by size in Leominster, and where 4 MAYERN CLOSE lies on this distribution: 80% of detached houses are smaller than 4 MAYERN CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Leominster.

4 MAYERN CLOSE: Plot and Title Map

4 MAYERN CLOSE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 4 MAYERN CLOSE, 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 MAYERN CLOSE). 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 MAYERN CLOSE?

4 MAYERN CLOSE is located in LEOMINSTER, in the HR6 postcode district. The below map shows the position of No. 4 on MAYERN CLOSE.