5, GAISFORD CLOSE, HEREFORD, HR1 1YG - £245,000

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

5 GAISFORD CLOSE is a large extended detached house of 128m², built sometime between 1976 and 1982, which could now be worth an estimated £387,931. It was last sold for £245,000 in November 2013, which was around 12% below the average November 2013 detached price in the Herefordshire local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

5 GAISFORD CLOSE Sold Prices

Land registry data shows four sales for 5 GAISFORD CLOSE 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. Most of the four 5 GAISFORD CLOSE 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
2013 7 NOV	£245,000	£279,741	12% below HPI
2006 15 DEC	£230,000	£279,392	18% below HPI
2002 17 APR	£147,500	£157,125	6% below HPI
2000 28 JAN	£127,500	£123,789	3% above HPI

5 GAISFORD 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 four 5 GAISFORD CLOSE sales between January 2000 and November 2013 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 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2013 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 5 GAISFORD CLOSE be worth now?

5 GAISFORD CLOSE might now be worth an estimated £387,931.

This is based on house price inflation of 58.3%, between November 2013 and February 2025, 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 58.3% inflationary increase is applied to the most recent sale price for 5 GAISFORD CLOSE of £245,000 on 7th November 2013. For the value to have increased from £245,000 to £387,931 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 GAISFORD CLOSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The November 2013 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GAISFORD CLOSE has not materially changed since November 2013.

How Large is 5 GAISFORD CLOSE?

5 GAISFORD CLOSE is 128m², which includes one extension, according to the EPC inspection conducted in November 2009. This puts it in the largest 40% 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 5 GAISFORD CLOSE lies on this distribution: 66% of detached houses houses are smaller than 5 GAISFORD CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Hereford.

5 GAISFORD CLOSE: Plot and Title Map

5 GAISFORD CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 5 GAISFORD 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 GAISFORD 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 GAISFORD CLOSE?

5 GAISFORD CLOSE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 5 on GAISFORD CLOSE.