88, PENN GROVE ROAD, HEREFORD, HR1 1BT - £425,000

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

88 PENN GROVE ROAD is a very small detached house of 78m², built sometime between 1930 and 1949. It was last sold for £425,000 in January 2022, which was around 5% above the average January 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

88 PENN GROVE ROAD Sold Prices

Land registry data shows two sales for 88 PENN GROVE ROAD 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. One of the two 88 PENN GROVE ROAD sales was for above the average price, whilst the other was 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
2022 17 JAN	£425,000	£404,842	5% above HPI
2017 18 AUG	£276,000	£326,758	16% below HPI

88 PENN GROVE ROAD 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 88 PENN GROVE ROAD sales from August 2017 and January 2022 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 August 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2022 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 88 PENN GROVE ROAD?

88 PENN GROVE ROAD is 78m² according to the EPC inspection conducted in March 2017. 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 88 PENN GROVE ROAD lies on this distribution: 11% of detached houses are smaller than 88 PENN GROVE ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Hereford.

88 PENN GROVE ROAD: Plot and Title Map

88 PENN GROVE ROAD sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 88 PENN GROVE ROAD, 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 88 PENN GROVE ROAD). 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 88 PENN GROVE ROAD?

88 PENN GROVE ROAD is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 88 on PENN GROVE ROAD.