5, TANNERS RED WALK, HOLMER, HEREFORD, HR1 1GL - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 TANNERS RED WALK is a large detached house of 144m², which could now be worth an estimated £416,646. It was last sold for £325,000 in August 2018, which was around 6% below the average August 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was April 2013, where the current energy rating was B, and the potential energy rating was B.

5 TANNERS RED WALK Sold Prices

Land registry data shows two sales for 5 TANNERS RED WALK 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 TANNERS RED WALK sales was for below the average price, whilst the other was 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
2018 31 AUG	£325,000	£345,510	6% below HPI
2013 14 NOV	£319,950	£279,741	14% above HPI

5 TANNERS RED WALK 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 TANNERS RED WALK sales from November 2013 and August 2018 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 November 2013 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2018 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 5 TANNERS RED WALK be worth now?

5 TANNERS RED WALK might now be worth an estimated £416,646.

This is based on house price inflation of 28.2%, between August 2018 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 28.2% inflationary increase is applied to the most recent sale price for 5 TANNERS RED WALK of £325,000 on 31st August 2018. For the value to have increased from £325,000 to £416,646 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 5 TANNERS RED WALK has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The August 2018 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 5 TANNERS RED WALK has not materially changed since August 2018.

How Large is 5 TANNERS RED WALK?

5 TANNERS RED WALK is 144m² according to the EPC inspection conducted in April 2013. This puts it in the largest 30% 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 TANNERS RED WALK lies on this distribution: 77% of detached houses houses are smaller than 5 TANNERS RED WALK, and 22% of houses are larger. Note that EPC data is not available for all properties in Hereford.

5 TANNERS RED WALK: Plot and Title Map

5 TANNERS RED WALK sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 5 TANNERS RED WALK, 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 TANNERS RED WALK). 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 TANNERS RED WALK?

5 TANNERS RED WALK is located in HOLMER, in the HR1 postcode district. The below map shows the position of No. 5 on TANNERS RED WALK.