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 MEADOW BANK ROAD is a midsized extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £272,000 in May 2018, which was around 20% below the average May 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 7 MEADOW BANK ROAD since 1st 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 7 MEADOW BANK 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 |
---|---|---|---|
2018 25 MAY | £272,000 | £341,161 | 20% below HPI |
2012 20 JAN | £190,000 | £270,552 | 30% below HPI |
2001 12 OCT | £135,000 | £151,763 | 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 three 7 MEADOW BANK ROAD sales between October 2001 and May 2018 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 January 2012 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2018 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
7 MEADOW BANK ROAD is 114m², which includes one extension, according to the EPC inspection conducted in February 2018. 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 MEADOW BANK ROAD lies on this distribution: 52% of detached houses are smaller than 7 MEADOW BANK ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Hereford.
7 MEADOW BANK ROAD sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 7 MEADOW BANK 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 7 MEADOW BANK 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.
7 MEADOW BANK ROAD is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 7 on MEADOW BANK ROAD.