5, PARK STREET, HEREFORD, HR1 2RD - £450,000

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 PARK STREET is a large extended detached house of 129m², built sometime before 1900. It was last sold for £450,000 in June 2023, which was around 7% above the average June 2023 detached price in the Herefordshire local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

5 PARK STREET Sold Prices

Land registry data shows two sales for 5 PARK STREET 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. One of the two 5 PARK STREET sales was for above the average price, whilst the other was roughly equal to 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 29 JUN	£450,000	£421,402	7% above HPI
2003 7 MAR	£197,000	£197,189	Close to HPI

5 PARK STREET 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 PARK STREET sales from March 2003 and June 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 March 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2023 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 5 PARK STREET?

5 PARK STREET is 129m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 40% 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 PARK STREET lies on this distribution: 67% of detached houses are smaller than 5 PARK STREET, and 33% of houses are larger. Note that EPC data is not available for all properties in Hereford.

5 PARK STREET: Plot and Title Map

5 PARK STREET sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 5 PARK STREET, 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 PARK STREET). 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 PARK STREET?

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