7, PALACE ORCHARD ROAD, PETERCHURCH, HEREFORD, HR2 0SB - £325,000

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.

7 PALACE ORCHARD ROAD is a small detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £410,079. It was last sold for £325,000 in September 2019, which was around 7% below the average September 2019 detached price in the Herefordshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

7 PALACE ORCHARD ROAD Sold Prices

Land registry data shows two sales for 7 PALACE ORCHARD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Both of the two 7 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
2019 6 SEP	£325,000	£351,043	7% below HPI
1998 15 OCT	£98,000	£107,049	8% below HPI

7 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 two 7 PALACE ORCHARD ROAD sales from October 1998 and September 2019 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 October 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2019 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 7 PALACE ORCHARD ROAD be worth now?

7 PALACE ORCHARD ROAD might now be worth an estimated £410,079.

This is based on house price inflation of 26.2%, between September 2019 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 26.2% inflationary increase is applied to the most recent sale price for 7 PALACE ORCHARD ROAD of £325,000 on 6th September 2019. For the value to have increased from £325,000 to £410,079 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 7 PALACE ORCHARD ROAD has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The September 2019 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PALACE ORCHARD ROAD has not materially changed since September 2019.

How Large is 7 PALACE ORCHARD ROAD?

7 PALACE ORCHARD ROAD is 102m² according to the EPC inspection conducted in July 2014. 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 7 PALACE ORCHARD ROAD lies on this distribution: 26% of detached houses houses are smaller than 7 PALACE ORCHARD ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Peterchurch.

7 PALACE ORCHARD ROAD: Plot and Title Map

7 PALACE ORCHARD ROAD sits on a plot of roughly 0.239 of an acre, or 967m². The below map shows the location of 7 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 7 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 7 PALACE ORCHARD ROAD?

7 PALACE ORCHARD ROAD is located in PETERCHURCH, in the HR2 postcode district. The below map shows the position of No. 7 on PALACE ORCHARD ROAD.