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
74 OLDFIELDS CLOSE is a midsized detached house of 100m², built sometime between 1996 and 2002. It was last sold for £330,000 in August 2021, which was around 12% below the average August 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 74 OLDFIELDS 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 74 OLDFIELDS 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 18 AUG | £330,000 | £374,366 | 12% below HPI |
2017 24 FEB | £256,000 | £310,553 | 18% below HPI |
2001 28 JUN | £142,500 | £144,053 | 1% below HPI |
1996 18 JUL | £80,000 | £87,274 | 8% 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 74 OLDFIELDS CLOSE sales between July 1996 and August 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 February 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
74 OLDFIELDS CLOSE is 100m² according to the EPC inspection conducted in November 2016. This puts it in the largest 50% of detached houses in Leominster, based on EPC data. The below chart shows the distribution of detached houses by size in Leominster, and where 74 OLDFIELDS CLOSE lies on this distribution: 52% of detached houses are smaller than 74 OLDFIELDS CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Leominster.
74 OLDFIELDS CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 74 OLDFIELDS 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 74 OLDFIELDS 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.
74 OLDFIELDS CLOSE is located in LEOMINSTER, in the HR6 postcode district. The below map shows the position of No. 74 on OLDFIELDS CLOSE.