4, MORVILLE CLOSE, BELMONT, HEREFORD, HR2 7UY - £280,000

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 MORVILLE CLOSE is a midsized detached house of 114m², built sometime between 1996 and 2002, which could now be worth an estimated £397,672. It was last sold for £280,000 in August 2016, which was around 10% below the average August 2016 detached price in the Herefordshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

4 MORVILLE CLOSE Sold Prices

Land registry data shows three sales for 4 MORVILLE 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 MORVILLE 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
2016 3 AUG	£280,000	£311,873	10% below HPI
2014 5 SEP	£258,000	£292,796	12% below HPI
2002 31 JUL	£159,995	£172,884	7% below HPI

4 MORVILLE 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 MORVILLE CLOSE sales between July 2002 and August 2016 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 September 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2016 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 4 MORVILLE CLOSE be worth now?

4 MORVILLE CLOSE might now be worth an estimated £397,672.

This is based on house price inflation of 42%, between August 2016 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 42% inflationary increase is applied to the most recent sale price for 4 MORVILLE CLOSE of £280,000 on 3rd August 2016. For the value to have increased from £280,000 to £397,672 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 4 MORVILLE CLOSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The August 2016 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MORVILLE CLOSE has not materially changed since August 2016.

How Large is 4 MORVILLE CLOSE?

4 MORVILLE CLOSE is 114m² according to the EPC inspection conducted in June 2014. This puts it in the largest 50% 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 MORVILLE CLOSE lies on this distribution: 52% of detached houses houses are smaller than 4 MORVILLE CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Hereford.

4 MORVILLE CLOSE: Plot and Title Map

4 MORVILLE CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 4 MORVILLE 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 MORVILLE 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 MORVILLE CLOSE?

4 MORVILLE CLOSE is located in BELMONT, in the HR2 postcode district. The below map shows the position of No. 4 on MORVILLE CLOSE.