ARKLE, NEW STREET, LEDBURY, HR8 2EL - £295,000

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

ARKLE is a large detached house of 131m², built sometime between 1950 and 1966. It was last sold for £295,000 in August 2014, which was around 3% above the average August 2014 detached price in the Herefordshire local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

ARKLE Sold Prices

Land registry data shows four sales for ARKLE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Most of the four ARKLE 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 4 AUG	£295,000	£287,208	3% above HPI
2003 21 MAR	£180,000	£197,189	9% below HPI
1997 23 APR	£87,500	£91,025	4% below HPI
1995 9 AUG	£71,000	£87,609	19% below HPI

ARKLE 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 four ARKLE sales between August 1995 and August 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 March 2003 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2014 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is ARKLE?

ARKLE is 131m² according to the EPC inspection conducted in December 2020. This puts it in the largest 30% of detached houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses by size in Ledbury, and where ARKLE lies on this distribution: 74% of detached houses are smaller than ARKLE, and 25% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

ARKLE: Plot and Title Map

ARKLE sits on a plot of roughly 0.242 of an acre, or 981m². The below map shows the location of ARKLE, 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 ARKLE). 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 ARKLE?

ARKLE is located on NEW STREET in LEDBURY, in the HR8 postcode district. The below map shows the position of ARKLE on NEW STREET.