8, ORCHARD PLACE, LEDBURY, HR8 2XD - £330,000

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 ORCHARD PLACE is a very small detached house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £418,468. It was last sold for £330,000 in November 2019, which was around 6% below the average November 2019 detached price in the Herefordshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was A.

8 ORCHARD PLACE Sold Prices

Land registry data shows two sales for 8 ORCHARD PLACE 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 ORCHARD PLACE 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 19 NOV	£330,000	£349,298	6% below HPI
2015 22 JUN	£260,000	£296,510	12% below HPI

8 ORCHARD PLACE 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 ORCHARD PLACE sales from June 2015 and November 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 June 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2019 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 8 ORCHARD PLACE be worth now?

8 ORCHARD PLACE might now be worth an estimated £418,468.

This is based on house price inflation of 26.8%, between November 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 26.8% inflationary increase is applied to the most recent sale price for 8 ORCHARD PLACE of £330,000 on 19th November 2019. For the value to have increased from £330,000 to £418,468 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 ORCHARD PLACE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The November 2019 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ORCHARD PLACE has not materially changed since November 2019.

How Large is 8 ORCHARD PLACE?

8 ORCHARD PLACE is 77m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 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 ORCHARD PLACE lies on this distribution: 12% of detached houses houses are smaller than 8 ORCHARD PLACE, and 85% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

8 ORCHARD PLACE: Plot and Title Map

8 ORCHARD PLACE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 8 ORCHARD PLACE, 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 ORCHARD PLACE). 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 ORCHARD PLACE?

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