BERESFORD, HOMEND CRESCENT, LEDBURY, HR8 1AH - £320,000

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

BERESFORD is a small extended detached house of 99m², built sometime between 1930 and 1949. It was last sold for £320,000 in June 2020, which was around 7% below the average June 2020 detached price in the Herefordshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

BERESFORD Sold Prices

Land registry data shows six sales for BERESFORD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the six BERESFORD 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
2020 12 JUN	£320,000	£345,150	7% below HPI
2016 14 OCT	£250,000	£309,415	19% below HPI
2009 18 DEC	£219,000	£263,856	17% below HPI
2007 3 APR	£250,000	£281,761	11% below HPI
2004 1 OCT	£240,000	£255,248	6% below HPI
1999 27 AUG	£76,000	£115,250	34% below HPI

BERESFORD 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 six BERESFORD sales between August 1999 and June 2020 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 October 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is BERESFORD?

BERESFORD is 99m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% of detached houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses by size in Ledbury, and where BERESFORD lies on this distribution: 39% of detached houses are smaller than BERESFORD, and 60% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

BERESFORD: Plot and Title Map

BERESFORD sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of BERESFORD, 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 BERESFORD). 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 BERESFORD?

BERESFORD is located on HOMEND CRESCENT in LEDBURY, in the HR8 postcode district. The below map shows the position of BERESFORD on HOMEND CRESCENT.