5, RUSSELL CLOSE, HEREFORD, HR1 1DJ - £266,950

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 RUSSELL CLOSE is a midsized extended detached house of 109m², built sometime between 1967 and 1975, which could now be worth an estimated £353,050. It was last sold for £266,950 in November 2017, which was around 19% below the average November 2017 detached price in the Herefordshire local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

5 RUSSELL CLOSE Sold Prices

Land registry data shows two sales for 5 RUSSELL 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 RUSSELL 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
2017 22 NOV	£266,950	£330,745	19% below HPI
2008 24 OCT	£200,000	£282,172	29% below HPI

5 RUSSELL 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 RUSSELL CLOSE sales from October 2008 and November 2017 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 October 2008 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2017 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 5 RUSSELL CLOSE be worth now?

5 RUSSELL CLOSE might now be worth an estimated £353,050.

This is based on house price inflation of 32.3%, between November 2017 and December 2024, 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 32.3% inflationary increase is applied to the most recent sale price for 5 RUSSELL CLOSE of £266,950 on 22nd November 2017. For the value to have increased from £266,950 to £353,050 over the six years and eleven months to December 2024, the following assumptions must hold true:

• The value of 5 RUSSELL CLOSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The November 2017 sale price of £266,950 represented a fair market value for the property.
• The size, condition, and specification of 5 RUSSELL CLOSE has not materially changed since November 2017.

How Large is 5 RUSSELL CLOSE?

5 RUSSELL CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 50% 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 RUSSELL CLOSE lies on this distribution: 45% of detached houses houses are smaller than 5 RUSSELL CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Hereford.

5 RUSSELL CLOSE: Plot and Title Map

5 RUSSELL CLOSE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 5 RUSSELL 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 RUSSELL 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 RUSSELL CLOSE?

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