48, THE SHIRES, LOWER BULLINGHAM, HEREFORD, HR2 6EZ - £216,000

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

48 THE SHIRES is a very small detached house of 72m², built sometime between 1983 and 1990. It was last sold for £216,000 in June 2020, which was around 37% below the average June 2020 detached price in the Herefordshire local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

48 THE SHIRES Sold Prices

Land registry data shows four sales for 48 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 48 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
2020 5 JUN	£216,000	£345,150	37% below HPI
2015 9 APR	£192,000	£296,317	35% below HPI
2010 10 SEP	£165,000	£279,833	41% below HPI
1996 20 DEC	£64,950	£90,784	28% below HPI

48 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 48 THE SHIRES sales between December 1996 and June 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 April 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2020 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 48 THE SHIRES?

48 THE SHIRES is 72m² according to the EPC inspection conducted in November 2019. 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 48 THE SHIRES lies on this distribution: 7% of detached houses are smaller than 48 THE SHIRES, and 93% of houses are larger. Note that EPC data is not available for all properties in Hereford.

48 THE SHIRES: Plot and Title Map

48 THE SHIRES sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 48 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 48 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 48 THE SHIRES?

48 THE SHIRES is located in LOWER BULLINGHAM, in the HR2 postcode district. The below map shows the position of No. 48 on THE SHIRES.