40, THE RUGG, LEOMINSTER, HR6 8TE - £225,000

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 THE RUGG is a midsized extended detached house of 103m², built sometime between 1976 and 1982. It was last sold for £225,000 in November 2006, which was around 19% below the average November 2006 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

40 THE RUGG Sold Prices

Land registry data shows two sales for 40 THE RUGG 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 40 THE RUGG 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
2006 29 NOV	£225,000	£278,738	19% below HPI
1996 30 AUG	£81,000	£89,846	10% below HPI

40 THE RUGG 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 40 THE RUGG sales from August 1996 and November 2006 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 August 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2006 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 40 THE RUGG?

40 THE RUGG is 103m², which includes one extension, according to the EPC inspection conducted in September 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 THE RUGG lies on this distribution: 55% of detached houses are smaller than 40 THE RUGG, and 44% of houses are larger. Note that EPC data is not available for all properties in Leominster.

40 THE RUGG: Plot and Title Map

40 THE RUGG sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 40 THE RUGG, 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 RUGG). 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 RUGG?

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