8, THE RUGG, LEOMINSTER, HR6 8TE - £173,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 THE RUGG is a small detached house of 88m², built sometime between 1976 and 1982. It was last sold for £173,500 in March 2014, which was around 37% below the average March 2014 detached price in the Herefordshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

8 THE RUGG Sold Prices

Land registry data shows two sales for 8 THE RUGG 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 RUGG 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
2014 21 MAR	£173,500	£276,429	37% below HPI
1998 1 JUN	£77,550	£100,265	23% below HPI

8 THE RUGG 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 RUGG sales from June 1998 and March 2014 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 1998 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2014 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 8 THE RUGG?

8 THE RUGG is 88m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 40% of detached houses in Leominster, based on EPC data. The below chart shows the distribution of detached houses by size in Leominster, and where 8 THE RUGG lies on this distribution: 39% of detached houses are smaller than 8 THE RUGG, and 60% of houses are larger. Note that EPC data is not available for all properties in Leominster.

8 THE RUGG: Plot and Title Map

8 THE RUGG sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 8 THE RUGG, 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 RUGG). 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 RUGG?

8 THE RUGG is located in LEOMINSTER, in the HR6 postcode district. The below map shows the position of No. 8 on THE RUGG.