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 PANSON PLACE is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £225,000 in March 2020, which was around 35% below the average March 2020 detached price in the Herefordshire local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 8 PANSON PLACE since 1st 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 PANSON 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 |
---|---|---|---|
2020 6 MAR | £225,000 | £347,683 | 35% below HPI |
2003 19 SEP | £141,000 | £215,493 | 35% below HPI |
1999 24 MAY | £55,000 | £109,285 | 50% below HPI |
The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The three 8 PANSON PLACE sales between May 1999 and March 2020 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 September 2003 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2020 sale, which was also at 35% below the HPI.
8 PANSON PLACE is 79m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 20% 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 PANSON PLACE lies on this distribution: 12% of detached houses are smaller than 8 PANSON PLACE, and 87% of houses are larger. Note that EPC data is not available for all properties in Hereford.
8 PANSON PLACE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 8 PANSON 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 PANSON 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.
8 PANSON PLACE is located in HEREFORD, in the HR2 postcode district. The below map shows the position of No. 8 on PANSON PLACE.