7, ORCHARD PLACE, LEDBURY, HR8 2XD - £315,000

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

7 ORCHARD PLACE is a very small detached house of 77m², built sometime between 1976 and 1982. It was last sold for £315,000 in March 2018, which was around 5% below the average March 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was A.

7 ORCHARD PLACE Sold Prices

Land registry data shows three sales for 7 ORCHARD PLACE 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 7 ORCHARD PLACE 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 5 MAR	£315,000	£331,998	5% below HPI
2015 1 MAY	£233,000	£292,005	20% below HPI
1998 14 SEP	£105,000	£105,928	1% below HPI

7 ORCHARD PLACE 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 7 ORCHARD PLACE sales between September 1998 and March 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 May 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2018 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 7 ORCHARD PLACE?

7 ORCHARD PLACE is 77m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 20% of detached houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses by size in Ledbury, and where 7 ORCHARD PLACE lies on this distribution: 12% of detached houses are smaller than 7 ORCHARD PLACE, and 85% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

7 ORCHARD PLACE: Plot and Title Map

7 ORCHARD PLACE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 7 ORCHARD PLACE, 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 ORCHARD PLACE). 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 7 ORCHARD PLACE?

7 ORCHARD PLACE is located in LEDBURY, in the HR8 postcode district. The below map shows the position of No. 7 on ORCHARD PLACE.