6, PALACE ORCHARD ROAD, PETERCHURCH, HEREFORD, HR2 0SB - £312,500

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.

6 PALACE ORCHARD ROAD is a small detached house of 101m², built sometime between 1967 and 1975, which could now be worth an estimated £366,115. It was last sold for £312,500 in November 2020, which was around 17% below the average November 2020 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was A.

6 PALACE ORCHARD ROAD Sold Prices

Land registry data shows three sales for 6 PALACE ORCHARD 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. All of the three 6 PALACE ORCHARD 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
2020 30 NOV	£312,500	£378,074	17% below HPI
2017 25 SEP	£288,000	£332,361	13% below HPI
2010 5 MAR	£240,000	£279,700	14% below HPI

6 PALACE ORCHARD 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 6 PALACE ORCHARD ROAD sales between March 2010 and November 2020 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 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 6 PALACE ORCHARD ROAD be worth now?

6 PALACE ORCHARD ROAD might now be worth an estimated £366,115.

This is based on house price inflation of 17.2%, between November 2020 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 17.2% inflationary increase is applied to the most recent sale price for 6 PALACE ORCHARD ROAD of £312,500 on 30th November 2020. For the value to have increased from £312,500 to £366,115 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 6 PALACE ORCHARD ROAD has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The November 2020 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of 6 PALACE ORCHARD ROAD has not materially changed since November 2020.

How Large is 6 PALACE ORCHARD ROAD?

6 PALACE ORCHARD ROAD is 101m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of detached houses houses in Peterchurch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Peterchurch, and where 6 PALACE ORCHARD ROAD lies on this distribution: 25% of detached houses houses are smaller than 6 PALACE ORCHARD ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Peterchurch.

6 PALACE ORCHARD ROAD: Plot and Title Map

6 PALACE ORCHARD ROAD sits on a plot of roughly 0.186 of an acre, or 752m². The below map shows the location of 6 PALACE ORCHARD 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 6 PALACE ORCHARD 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 6 PALACE ORCHARD ROAD?

6 PALACE ORCHARD ROAD is located in PETERCHURCH, in the HR2 postcode district. The below map shows the position of No. 6 on PALACE ORCHARD ROAD.