8, ALBERT ROAD, LEDBURY, HR8 2DW - £340,000

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.

8 ALBERT ROAD is a large extended detached house of 142m², built sometime before 1900, which could now be worth an estimated £507,907. It was last sold for £340,000 in June 2015, which was around 15% above the average June 2015 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

8 ALBERT ROAD Sold Prices

Land registry data shows four sales for 8 ALBERT ROAD since 1^st 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 8 ALBERT ROAD sales were for above 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
2015 30 JUN	£340,000	£296,510	15% above HPI
2010 23 JUL	£320,000	£280,207	14% above HPI
2008 27 JUN	£330,000	£285,343	16% above HPI
2001 16 DEC	£163,000	£156,174	4% above HPI

8 ALBERT 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 four 8 ALBERT ROAD sales between December 2001 and June 2015 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 July 2010 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2015 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 8 ALBERT ROAD be worth now?

8 ALBERT ROAD might now be worth an estimated £507,907.

This is based on house price inflation of 49.4%, between June 2015 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 49.4% inflationary increase is applied to the most recent sale price for 8 ALBERT ROAD of £340,000 on 30th June 2015. For the value to have increased from £340,000 to £507,907 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 8 ALBERT ROAD has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The June 2015 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ALBERT ROAD has not materially changed since June 2015.

How Large is 8 ALBERT ROAD?

8 ALBERT ROAD is 142m², which includes four extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 20% of detached houses houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ledbury, and where 8 ALBERT ROAD lies on this distribution: 80% of detached houses houses are smaller than 8 ALBERT ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

8 ALBERT ROAD: Plot and Title Map

8 ALBERT ROAD sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of 8 ALBERT 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 8 ALBERT 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 8 ALBERT ROAD?

8 ALBERT ROAD is located in LEDBURY, in the HR8 postcode district. The below map shows the position of No. 8 on ALBERT ROAD.