8, PARSONS WALK, PEMBRIDGE, LEOMINSTER, HR6 9EP - £225,000

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 PARSONS WALK is a very small detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £318,464. It was last sold for £225,000 in December 2016, which was around 28% below the average December 2016 detached price in the Herefordshire local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

8 PARSONS WALK Sold Prices

Land registry data shows two sales for 8 PARSONS WALK 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 PARSONS WALK 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
2016 19 DEC	£225,000	£312,944	28% below HPI
1999 14 JUL	£79,995	£113,902	30% below HPI

8 PARSONS WALK 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 PARSONS WALK sales from July 1999 and December 2016 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 1999 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2016 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 8 PARSONS WALK be worth now?

8 PARSONS WALK might now be worth an estimated £318,464.

This is based on house price inflation of 41.5%, between December 2016 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 41.5% inflationary increase is applied to the most recent sale price for 8 PARSONS WALK of £225,000 on 19th December 2016. For the value to have increased from £225,000 to £318,464 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 PARSONS WALK has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The December 2016 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PARSONS WALK has not materially changed since December 2016.

How Large is 8 PARSONS WALK?

8 PARSONS WALK is 81m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% of detached houses houses in Pembridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pembridge, and where 8 PARSONS WALK lies on this distribution: 13% of detached houses houses are smaller than 8 PARSONS WALK, and 87% of houses are larger. Note that EPC data is not available for all properties in Pembridge.

8 PARSONS WALK: Plot and Title Map

8 PARSONS WALK sits on a plot of roughly 0.151 of an acre, or 613m². The below map shows the location of 8 PARSONS WALK, 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 PARSONS WALK). 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 PARSONS WALK?

8 PARSONS WALK is located in PEMBRIDGE, in the HR6 postcode district. The below map shows the position of No. 8 on PARSONS WALK.