9, MONKS MEADOW, MUCH MARCLE, LEDBURY, HR8 2NF - £339,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 MONKS MEADOW is a midsized detached house of 116m², built sometime between 1983 and 1990, which could now be worth an estimated £448,244. It was last sold for £339,500 in August 2017, which was around 2% above the average August 2017 detached price in the Herefordshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

9 MONKS MEADOW Sold Prices

Land registry data shows two sales for 9 MONKS MEADOW 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 9 MONKS MEADOW sales were for above 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
2017 16 AUG	£339,500	£331,303	2% above HPI
2004 16 APR	£285,000	£233,963	22% above HPI

9 MONKS MEADOW 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 9 MONKS MEADOW sales from April 2004 and August 2017 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 April 2004 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2017 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 9 MONKS MEADOW be worth now?

9 MONKS MEADOW might now be worth an estimated £448,244.

This is based on house price inflation of 32%, between August 2017 and December 2024, 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 32% inflationary increase is applied to the most recent sale price for 9 MONKS MEADOW of £339,500 on 16th August 2017. For the value to have increased from £339,500 to £448,244 over the six years and eight months to December 2024, the following assumptions must hold true:

• The value of 9 MONKS MEADOW has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The August 2017 sale price of £339,500 represented a fair market value for the property.
• The size, condition, and specification of 9 MONKS MEADOW has not materially changed since August 2017.

How Large is 9 MONKS MEADOW?

9 MONKS MEADOW is 116m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 40% of detached houses houses in Much Marcle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Much Marcle, and where 9 MONKS MEADOW lies on this distribution: 40% of detached houses houses are smaller than 9 MONKS MEADOW, and 56% of houses are larger. Note that EPC data is not available for all properties in Much Marcle.

9 MONKS MEADOW: Plot and Title Map

9 MONKS MEADOW sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of 9 MONKS MEADOW, 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 9 MONKS MEADOW). 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 9 MONKS MEADOW?

9 MONKS MEADOW is located in MUCH MARCLE, in the HR8 postcode district. The below map shows the position of No. 9 on MONKS MEADOW.