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
42 NOVER WOOD DRIVE is a small detached house of 100m², built sometime between 1983 and 1990. It was last sold for £279,950 in August 2020, which was around 21% below the average August 2020 detached price in the Herefordshire local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 42 NOVER WOOD DRIVE since 1st 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 42 NOVER WOOD DRIVE 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 12 AUG | £279,950 | £355,217 | 21% below HPI |
2016 23 AUG | £235,000 | £307,594 | 24% below HPI |
2011 10 JUN | £190,000 | £269,226 | 29% below HPI |
The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The three 42 NOVER WOOD DRIVE sales between June 2011 and August 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 August 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
42 NOVER WOOD DRIVE is 100m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 40% of detached houses in Fownhope, based on EPC data. The below chart shows the distribution of detached houses by size in Fownhope, and where 42 NOVER WOOD DRIVE lies on this distribution: 36% of detached houses are smaller than 42 NOVER WOOD DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Fownhope.
42 NOVER WOOD DRIVE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 42 NOVER WOOD DRIVE, 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 42 NOVER WOOD DRIVE). 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.
42 NOVER WOOD DRIVE is located in FOWNHOPE, in the HR1 postcode district. The below map shows the position of No. 42 on NOVER WOOD DRIVE.