8, FAYRE OAKS DRIVE, HEREFORD, HR4 0QS - £347,000

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

8 FAYRE OAKS DRIVE is a midsized extended detached house of 109m², built sometime between 1950 and 1966. It was last sold for £347,000 in July 2017, which was around 8% above the average July 2017 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

8 FAYRE OAKS DRIVE Sold Prices

Land registry data shows three sales for 8 FAYRE OAKS DRIVE 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 8 FAYRE OAKS DRIVE 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
2017 14 JUL	£347,000	£320,680	8% above HPI
2004 27 JUL	£310,000	£249,186	24% above HPI
1997 21 MAR	£98,000	£90,033	9% above HPI

8 FAYRE OAKS DRIVE 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 8 FAYRE OAKS DRIVE sales between March 1997 and July 2017 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 2004 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the July 2017 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 8 FAYRE OAKS DRIVE?

8 FAYRE OAKS DRIVE is 109m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 50% of detached houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses by size in Hereford, and where 8 FAYRE OAKS DRIVE lies on this distribution: 44% of detached houses are smaller than 8 FAYRE OAKS DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Hereford.

8 FAYRE OAKS DRIVE: Plot and Title Map

8 FAYRE OAKS DRIVE sits on a plot of roughly 0.235 of an acre, or 950m². The below map shows the location of 8 FAYRE OAKS DRIVE, 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 FAYRE OAKS DRIVE). 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 FAYRE OAKS DRIVE?

8 FAYRE OAKS DRIVE is located in HEREFORD, in the HR4 postcode district. The below map shows the position of No. 8 on FAYRE OAKS DRIVE.