8, THE HOPYARDS, HEREFORD, HR2 6RL - £245,000

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 THE HOPYARDS is a large detached house of 125m², built sometime between 2003 and 2006, which could now be worth an estimated £322,386. It was last sold for £245,000 in March 2018, which was around 27% below the average March 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

8 THE HOPYARDS Sold Prices

Land registry data shows two sales for 8 THE HOPYARDS 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 THE HOPYARDS 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
2018 26 MAR	£245,000	£336,616	27% below HPI
2005 15 JUN	£211,000	£249,707	16% below HPI

8 THE HOPYARDS 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 THE HOPYARDS sales from June 2005 and March 2018 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 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 8 THE HOPYARDS be worth now?

8 THE HOPYARDS might now be worth an estimated £322,386.

This is based on house price inflation of 31.6%, between March 2018 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 31.6% inflationary increase is applied to the most recent sale price for 8 THE HOPYARDS of £245,000 on 26th March 2018. For the value to have increased from £245,000 to £322,386 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 8 THE HOPYARDS has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The March 2018 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE HOPYARDS has not materially changed since March 2018.

How Large is 8 THE HOPYARDS?

8 THE HOPYARDS is 125m² according to the EPC inspection conducted in July 2010. This puts it in the largest 40% of detached houses houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hereford, and where 8 THE HOPYARDS lies on this distribution: 63% of detached houses houses are smaller than 8 THE HOPYARDS, and 36% of houses are larger. Note that EPC data is not available for all properties in Hereford.

8 THE HOPYARDS: Plot and Title Map

8 THE HOPYARDS sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 8 THE HOPYARDS, 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 THE HOPYARDS). 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 THE HOPYARDS?

8 THE HOPYARDS is located in HEREFORD, in the HR2 postcode district. The below map shows the position of No. 8 on THE HOPYARDS.