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
54 OLDFIELDS CLOSE is a midsized extended detached house of 99m², built sometime between 1991 and 1995. It was last sold for £295,000 in September 2021, which was around 22% below the average September 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 54 OLDFIELDS CLOSE since 1st 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. All of the four 54 OLDFIELDS 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 |
---|---|---|---|
2021 30 SEP | £295,000 | £375,943 | 22% below HPI |
2006 4 SEP | £242,500 | £271,577 | 11% below HPI |
1998 24 JUL | £92,000 | £102,040 | 10% below HPI |
1995 17 OCT | £80,950 | £87,853 | 8% below HPI |
The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The four 54 OLDFIELDS CLOSE sales between October 1995 and September 2021 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 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
54 OLDFIELDS CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the largest 50% of detached houses in Leominster, based on EPC data. The below chart shows the distribution of detached houses by size in Leominster, and where 54 OLDFIELDS CLOSE lies on this distribution: 51% of detached houses are smaller than 54 OLDFIELDS CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Leominster.
54 OLDFIELDS CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 54 OLDFIELDS 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 54 OLDFIELDS 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.
54 OLDFIELDS CLOSE is located in LEOMINSTER, in the HR6 postcode district. The below map shows the position of No. 54 on OLDFIELDS CLOSE.