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
46 LODER DRIVE is a very small extended detached house of 70m², built sometime between 1950 and 1966. It was last sold for £298,000 in December 2023, which was around 31% below the average December 2023 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 46 LODER DRIVE since 1st 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 46 LODER 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 |
---|---|---|---|
2023 1 DEC | £298,000 | £432,085 | 31% below HPI |
1997 12 DEC | £73,000 | £98,793 | 26% below HPI |
The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two 46 LODER DRIVE sales from December 1997 and December 2023 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 December 1997 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
46 LODER DRIVE is 70m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses by size in Hereford, and where 46 LODER DRIVE lies on this distribution: 5% of detached houses are smaller than 46 LODER DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Hereford.
46 LODER DRIVE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 46 LODER 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 46 LODER 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.
46 LODER DRIVE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 46 on LODER DRIVE.