8, CHAPEL VIEW, GORSLEY, ROSS-ON-WYE, HR9 7ZQ - £500,000

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 CHAPEL VIEW is a midsized detached house of 137m², built in 2021, which could now be worth an estimated £505,776. It was last sold for £500,000 in August 2023, which was around 14% above the average August 2023 detached price in the Herefordshire local authority area. The most recent EPC inspection was October 2021, where the current energy rating was A, and the potential energy rating was A.

8 CHAPEL VIEW Sold Prices

Land registry data shows two sales for 8 CHAPEL VIEW 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 8 CHAPEL VIEW 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
2023 15 AUG	£500,000	£437,882	14% above HPI
2021 30 NOV	£399,950	£397,601	1% above HPI

8 CHAPEL VIEW 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 8 CHAPEL VIEW sales from November 2021 and August 2023 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 November 2021 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2023 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 8 CHAPEL VIEW be worth now?

8 CHAPEL VIEW might now be worth an estimated £505,776.

This is based on house price inflation of 1.2%, between August 2023 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 1.2% inflationary increase is applied to the most recent sale price for 8 CHAPEL VIEW of £500,000 on 15th August 2023. For the value to have increased from £500,000 to £505,776 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 8 CHAPEL VIEW has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The August 2023 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHAPEL VIEW has not materially changed since August 2023.

How Large is 8 CHAPEL VIEW?

8 CHAPEL VIEW is 137m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 50% of detached houses houses in Gorsley Common, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gorsley Common, and where 8 CHAPEL VIEW lies on this distribution: 41% of detached houses houses are smaller than 8 CHAPEL VIEW, and 57% of houses are larger. Note that EPC data is not available for all properties in Gorsley Common.

8 CHAPEL VIEW: Plot and Title Map

8 CHAPEL VIEW sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 8 CHAPEL VIEW, 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 CHAPEL VIEW). 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 CHAPEL VIEW?

8 CHAPEL VIEW is located in GORSLEY, in the HR9 postcode district. The below map shows the position of No. 8 on CHAPEL VIEW.