50, SOUTHBANK ROAD, HEREFORD, HR1 2TL - £365,000

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

50 SOUTHBANK ROAD is a midsized extended detached house of 108m², built sometime between 1930 and 1949. It was last sold for £365,000 in January 2016, which was around 18% above the average January 2016 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

50 SOUTHBANK ROAD Sold Prices

Land registry data shows two sales for 50 SOUTHBANK ROAD 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 50 SOUTHBANK ROAD 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
2016 21 JAN	£365,000	£308,080	18% above HPI
2006 21 APR	£295,000	£258,173	14% above HPI

50 SOUTHBANK 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 two 50 SOUTHBANK ROAD sales from April 2006 and January 2016 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 April 2006 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2016 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 50 SOUTHBANK ROAD?

50 SOUTHBANK ROAD is 108m², which includes two extensions, according to the EPC inspection conducted in September 2015. 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 50 SOUTHBANK ROAD lies on this distribution: 43% of detached houses are smaller than 50 SOUTHBANK ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Hereford.

50 SOUTHBANK ROAD: Plot and Title Map

50 SOUTHBANK ROAD sits on a plot of roughly 0.267 of an acre, or 1,080m². The below map shows the location of 50 SOUTHBANK 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 50 SOUTHBANK 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 50 SOUTHBANK ROAD?

50 SOUTHBANK ROAD is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 50 on SOUTHBANK ROAD.