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 WESTGATE is a small detached house of 75m², built sometime between 1976 and 1982. It was last sold for £187,500 in November 2018, which was around 46% below the average November 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 4 WESTGATE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the four 4 WESTGATE 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 |
---|---|---|---|
2018 22 NOV | £187,500 | £346,116 | 46% below HPI |
2010 30 NOV | £160,000 | £275,185 | 42% below HPI |
2008 22 FEB | £170,000 | £282,028 | 40% below HPI |
2004 21 DEC | £145,000 | £249,523 | 42% below HPI |
The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The four 4 WESTGATE sales between December 2004 and November 2018 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 November 2010 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2018 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.
4 WESTGATE is 75m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 30% 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 WESTGATE lies on this distribution: 20% of detached houses are smaller than 4 WESTGATE, and 79% of houses are larger. Note that EPC data is not available for all properties in Leominster.
4 WESTGATE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 4 WESTGATE, 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 WESTGATE). 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 WESTGATE is located in LEOMINSTER, in the HR6 postcode district. The below map shows the position of No. 4 on WESTGATE.