5, QUAY CLOSE, HEREFORD, HR1 2RQ - £385,000

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 QUAY CLOSE is a large extended detached house of 141m², built sometime between 1983 and 1990. It was last sold for £385,000 in January 2022, which was around 5% below the average January 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

5 QUAY CLOSE Sold Prices

Land registry data shows four sales for 5 QUAY 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 QUAY 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
2022 10 JAN	£385,000	£404,842	5% below HPI
2003 26 SEP	£230,000	£215,493	7% above HPI
1998 20 MAR	£123,000	£99,430	24% above HPI
1995 9 MAR	£99,750	£85,481	17% above HPI

5 QUAY 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 QUAY CLOSE sales between March 1995 and January 2022 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 September 2003 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2022 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 5 QUAY CLOSE?

5 QUAY CLOSE is 141m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 30% 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 QUAY CLOSE lies on this distribution: 76% of detached houses are smaller than 5 QUAY CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Hereford.

5 QUAY CLOSE: Plot and Title Map

5 QUAY CLOSE sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 5 QUAY 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 QUAY 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 QUAY CLOSE?

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