40, OLDFIELDS CLOSE, LEOMINSTER, HR6 8TL - £285,000

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

40 OLDFIELDS CLOSE is a midsized extended detached house of 103m², built sometime between 1991 and 1995. It was last sold for £285,000 in September 2020, which was around 20% below the average September 2020 detached price in the Herefordshire local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

40 OLDFIELDS CLOSE Sold Prices

Land registry data shows three sales for 40 OLDFIELDS 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 40 OLDFIELDS 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
2020 18 SEP	£285,000	£356,744	20% below HPI
2005 4 JUN	£236,000	£246,281	4% below HPI
1995 15 DEC	£80,950	£87,704	8% below HPI

40 OLDFIELDS 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 40 OLDFIELDS CLOSE sales between December 1995 and September 2020 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 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 40 OLDFIELDS CLOSE?

40 OLDFIELDS CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 50% of detached houses in Leominster, based on EPC data. The below chart shows the distribution of detached houses by size in Leominster, and where 40 OLDFIELDS CLOSE lies on this distribution: 55% of detached houses are smaller than 40 OLDFIELDS CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Leominster.

40 OLDFIELDS CLOSE: Plot and Title Map

40 OLDFIELDS CLOSE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 40 OLDFIELDS 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 40 OLDFIELDS 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 40 OLDFIELDS CLOSE?

40 OLDFIELDS CLOSE is located in LEOMINSTER, in the HR6 postcode district. The below map shows the position of No. 40 on OLDFIELDS CLOSE.