56, GRANDSTAND ROAD, HEREFORD, HR4 9NF - £138,000

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

56 GRANDSTAND ROAD is a very small detached house of 48m², built sometime between 1996 and 2002. It was last sold for £138,000 in June 2009, which was around 45% below the average June 2009 detached price in the Herefordshire local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

56 GRANDSTAND ROAD Sold Prices

Land registry data shows two sales for 56 GRANDSTAND 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 56 GRANDSTAND ROAD 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
2009 3 JUN	£138,000	£251,432	45% below HPI
1996 4 SEP	£53,758	£89,011	40% below HPI

56 GRANDSTAND 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 56 GRANDSTAND ROAD sales from September 1996 and June 2009 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 1996 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2009 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 56 GRANDSTAND ROAD?

56 GRANDSTAND ROAD is 48m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 10% of detached houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses by size in Hereford, and where 56 GRANDSTAND ROAD lies on this distribution: 1% of detached houses are smaller than 56 GRANDSTAND ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Hereford.

56 GRANDSTAND ROAD: Plot and Title Map

56 GRANDSTAND ROAD sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 56 GRANDSTAND 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 56 GRANDSTAND 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 56 GRANDSTAND ROAD?

56 GRANDSTAND ROAD is located in HEREFORD, in the HR4 postcode district. The below map shows the position of No. 56 on GRANDSTAND ROAD.