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
7 FOUNTAINS CLOSE is a midsized extended detached house of 113m², built sometime between 1996 and 2002. It was last sold for £349,950 in June 2024, which was around 20% below the average June 2024 detached price in the Herefordshire local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 7 FOUNTAINS CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the five 7 FOUNTAINS 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 |
---|---|---|---|
2024 27 JUN | £349,950 | £435,018 | 20% below HPI |
2022 5 AUG | £333,150 | £420,923 | 21% below HPI |
2012 10 AUG | £198,500 | £276,431 | 28% below HPI |
2005 15 JUL | £187,950 | £254,709 | 26% below HPI |
2003 24 JAN | £155,500 | £197,821 | 21% below HPI |
The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The five 7 FOUNTAINS CLOSE sales between January 2003 and June 2024 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 August 2022 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2024 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
7 FOUNTAINS CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 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 7 FOUNTAINS CLOSE lies on this distribution: 51% of detached houses are smaller than 7 FOUNTAINS CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Hereford.
7 FOUNTAINS CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 7 FOUNTAINS 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 7 FOUNTAINS 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.
7 FOUNTAINS CLOSE is located in HEREFORD, in the HR2 postcode district. The below map shows the position of No. 7 on FOUNTAINS CLOSE.