Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
7 GAISFORD CLOSE is a small extended detached house of 90m², built sometime between 1976 and 1982. It was last sold for £290,000 in June 2021, which was around 21% below the average June 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 7 GAISFORD 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 7 GAISFORD 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 11 JUN | £290,000 | £365,088 | 21% below HPI |
2016 31 MAY | £229,000 | £308,244 | 26% below HPI |
2005 2 SEP | £185,000 | £257,847 | 28% below HPI |
1995 24 FEB | £75,000 | £84,629 | 11% 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 7 GAISFORD CLOSE sales between February 1995 and June 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 May 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
7 GAISFORD CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 30% 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 GAISFORD CLOSE lies on this distribution: 23% of detached houses are smaller than 7 GAISFORD CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Hereford.
7 GAISFORD CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 7 GAISFORD 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 GAISFORD 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 GAISFORD CLOSE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 7 on GAISFORD CLOSE.