5, GRASMERE CLOSE, HEREFORD, HR4 0LR - £295,000

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

5 GRASMERE CLOSE is a midsized detached house of 115m², built sometime between 1976 and 1982. It was last sold for £295,000 in October 2020, which was around 20% below the average October 2020 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

5 GRASMERE CLOSE Sold Prices

Land registry data shows two sales for 5 GRASMERE CLOSE 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 5 GRASMERE 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
2020 7 OCT	£295,000	£369,070	20% below HPI
2017 1 DEC	£229,950	£327,587	30% below HPI

5 GRASMERE 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 two 5 GRASMERE CLOSE sales from December 2017 and October 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 December 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 5 GRASMERE CLOSE?

5 GRASMERE CLOSE is 115m² according to the EPC inspection conducted in September 2017. This puts it in the largest 50% of detached houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses by size in Hereford, and where 5 GRASMERE CLOSE lies on this distribution: 53% of detached houses are smaller than 5 GRASMERE CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Hereford.

5 GRASMERE CLOSE: Plot and Title Map

5 GRASMERE CLOSE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 5 GRASMERE 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 GRASMERE 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 GRASMERE CLOSE?

5 GRASMERE CLOSE is located in HEREFORD, in the HR4 postcode district. The below map shows the position of No. 5 on GRASMERE CLOSE.