5, BAILEY CLOSE, MADLEY, HEREFORD, HR2 9NW - £485,000

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

5 BAILEY CLOSE is a large extended detached house of 166m², built sometime between 1996 and 2002. It was last sold for £485,000 in October 2023, which was around 12% above the average October 2023 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2023, where the current energy rating was B, and the potential energy rating was B.

5 BAILEY CLOSE Sold Prices

Land registry data shows three sales for 5 BAILEY CLOSE since 1^st 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 5 BAILEY CLOSE sales were for above 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 26 OCT	£485,000	£434,181	12% above HPI
2008 6 JUN	£315,000	£281,429	12% above HPI
2001 28 SEP	£178,000	£148,242	20% above HPI

5 BAILEY CLOSE 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 three 5 BAILEY CLOSE sales between September 2001 and October 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 June 2008 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2023 sale, which was also at 12% above the HPI.

How Large is 5 BAILEY CLOSE?

5 BAILEY CLOSE is 166m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 30% of detached houses in Madley, based on EPC data. The below chart shows the distribution of detached houses by size in Madley, and where 5 BAILEY CLOSE lies on this distribution: 74% of detached houses are smaller than 5 BAILEY CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Madley.

5 BAILEY CLOSE: Plot and Title Map

5 BAILEY CLOSE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 5 BAILEY CLOSE, 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 5 BAILEY CLOSE). 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 5 BAILEY CLOSE?

5 BAILEY CLOSE is located in MADLEY, in the HR2 postcode district. The below map shows the position of No. 5 on BAILEY CLOSE.