48, UNDERHILL ROAD, HEREFORD, HR1 1SZ - £218,500

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 UNDERHILL ROAD is a very small detached house of 59m², built sometime between 1950 and 1966. It was last sold for £218,500 in January 2021, which was around 42% below the average January 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was F, and the potential energy rating was B.

48 UNDERHILL ROAD Sold Prices

Land registry data shows two sales for 48 UNDERHILL ROAD 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 48 UNDERHILL ROAD 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
2021 20 JAN	£218,500	£373,632	42% below HPI
2019 1 APR	£200,000	£331,138	40% below HPI

48 UNDERHILL ROAD 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 48 UNDERHILL ROAD sales from April 2019 and January 2021 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 2019 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2021 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 48 UNDERHILL ROAD?

48 UNDERHILL ROAD is 59m² according to the EPC inspection conducted in March 2018. 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 UNDERHILL ROAD lies on this distribution: 2% of detached houses are smaller than 48 UNDERHILL ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Hereford.

48 UNDERHILL ROAD: Plot and Title Map

48 UNDERHILL ROAD sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of 48 UNDERHILL ROAD, 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 UNDERHILL ROAD). 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 UNDERHILL ROAD?

48 UNDERHILL ROAD is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 48 on UNDERHILL ROAD.