4, OATFIELD CLOSE, HEREFORD, HR4 0RP - £119,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 OATFIELD CLOSE is a midsized extended detached house of 110m², built sometime between 1967 and 1975, which could now be worth an estimated £335,874. It was last sold for £119,000 in March 2002, which was around 23% below the average March 2002 detached price in the Herefordshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was B, and the potential energy rating was B.

4 OATFIELD CLOSE Sold Prices

Land registry data shows two sales for 4 OATFIELD CLOSE 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 OATFIELD 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
2002 25 MAR	£119,000	£154,978	23% below HPI
2001 24 JUL	£90,000	£145,442	38% below HPI

4 OATFIELD 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 two 4 OATFIELD CLOSE sales from July 2001 and March 2002 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 2001 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2002 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 4 OATFIELD CLOSE be worth now?

4 OATFIELD CLOSE might now be worth an estimated £335,874.

This is based on house price inflation of 182.2%, between March 2002 and December 2024, 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 182.2% inflationary increase is applied to the most recent sale price for 4 OATFIELD CLOSE of £119,000 on 25th March 2002. For the value to have increased from £119,000 to £335,874 over the 21 years and three months to December 2024, the following assumptions must hold true:

• The value of 4 OATFIELD CLOSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The March 2002 sale price of £119,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OATFIELD CLOSE has not materially changed since March 2002.

How Large is 4 OATFIELD CLOSE?

4 OATFIELD CLOSE is 110m², which includes three extensions, according to the EPC inspection conducted in May 2015. This puts it in the smallest 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 OATFIELD CLOSE lies on this distribution: 46% of detached houses houses are smaller than 4 OATFIELD CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Hereford.

4 OATFIELD CLOSE: Plot and Title Map

4 OATFIELD CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 4 OATFIELD 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 OATFIELD 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 OATFIELD CLOSE?

4 OATFIELD CLOSE is located in HEREFORD, in the HR4 postcode district. The below map shows the position of No. 4 on OATFIELD CLOSE.