46, THE SHIRES, LOWER BULLINGHAM, HEREFORD, HR2 6EZ - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

46 THE SHIRES is a very small detached house of 76m², built sometime between 1996 and 2002. It was last sold for £250,000 in October 2022, which was around 44% below the average October 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

46 THE SHIRES Sold Prices

Land registry data shows four sales for 46 THE SHIRES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the four 46 THE SHIRES 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
2022 12 OCT	£250,000	£444,914	44% below HPI
2008 7 FEB	£174,750	£285,951	39% below HPI
2005 1 JUL	£164,000	£258,252	36% below HPI
1997 2 MAY	£63,250	£94,262	33% below HPI

46 THE SHIRES 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 four 46 THE SHIRES sales between May 1997 and October 2022 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 February 2008 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2022 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 46 THE SHIRES be worth now?

46 THE SHIRES might now be worth an estimated £245,790.

This is based on house price deflation of 1.7%, between October 2022 and December 2024, 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 1.7% deflationary decrease is applied to the most recent sale price for 46 THE SHIRES of £250,000 on 12th October 2022. For the value to have decreased from £250,000 to £245,790 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 46 THE SHIRES has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The October 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 46 THE SHIRES has not materially changed since October 2022.

How Large is 46 THE SHIRES?

46 THE SHIRES is 76m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hereford, and where 46 THE SHIRES lies on this distribution: 9% of detached houses houses are smaller than 46 THE SHIRES, and 90% of houses are larger. Note that EPC data is not available for all properties in Hereford.

46 THE SHIRES: Plot and Title Map

46 THE SHIRES sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 46 THE SHIRES, 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 THE SHIRES). 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 46 THE SHIRES?

46 THE SHIRES is located in LOWER BULLINGHAM, in the HR2 postcode district. The below map shows the position of No. 46 on THE SHIRES.