5, TOWER ROAD, HEREFORD, HR4 0LF - £240,000

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 TOWER ROAD is a midsized extended detached house of 108m², built sometime between 1976 and 1982. It was last sold for £240,000 in May 2012, which was around 10% below the average May 2012 detached price in the Herefordshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

5 TOWER ROAD Sold Prices

Land registry data shows three sales for 5 TOWER ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. The three 5 TOWER ROAD sales were a mix of below the average price, roughly equal to the average price, and 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
2012 1 MAY	£240,000	£266,544	10% below HPI
2005 1 DEC	£255,000	£255,547	Close to HPI
2001 14 DEC	£165,000	£154,032	7% above HPI

5 TOWER ROAD 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 three 5 TOWER ROAD sales between December 2001 and May 2012 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 2005 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2012 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 5 TOWER ROAD?

5 TOWER ROAD is 108m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 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 TOWER ROAD lies on this distribution: 43% of detached houses are smaller than 5 TOWER ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Hereford.

5 TOWER ROAD: Plot and Title Map

5 TOWER ROAD sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 5 TOWER ROAD, 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 TOWER ROAD). 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 TOWER ROAD?

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