40, THE MEADS, KINGTON, HR5 3DQ - £225,000

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.

40 THE MEADS is a very small detached house of 76m², built sometime between 1976 and 1982, which could now be worth an estimated £261,461. It was last sold for £225,000 in September 2021, which was around 41% below the average September 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was February 2023, where the current energy rating was F, and the potential energy rating was B.

40 THE MEADS Sold Prices

Land registry data shows three sales for 40 THE MEADS 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 THE MEADS 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
2021 30 SEP	£225,000	£381,172	41% below HPI
2012 3 APR	£187,000	£263,867	29% below HPI
1997 29 APR	£76,500	£92,291	17% below HPI

40 THE MEADS 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 THE MEADS sales between April 1997 and September 2021 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 April 2012 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2021 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 40 THE MEADS be worth now?

40 THE MEADS might now be worth an estimated £261,461.

This is based on house price inflation of 16.2%, between September 2021 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 16.2% inflationary increase is applied to the most recent sale price for 40 THE MEADS of £225,000 on 30th September 2021. For the value to have increased from £225,000 to £261,461 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 40 THE MEADS has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The September 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 40 THE MEADS has not materially changed since September 2021.

How Large is 40 THE MEADS?

40 THE MEADS is 76m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% of detached houses houses in Kington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kington, and where 40 THE MEADS lies on this distribution: 10% of detached houses houses are smaller than 40 THE MEADS, and 90% of houses are larger. Note that EPC data is not available for all properties in Kington.

40 THE MEADS: Plot and Title Map

40 THE MEADS sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 40 THE MEADS, 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 THE MEADS). 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 THE MEADS?

40 THE MEADS is located in KINGTON, in the HR5 postcode district. The below map shows the position of No. 40 on THE MEADS.