CARNREAGH, HOMEND CRESCENT, LEDBURY, HR8 1AH - £310,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CARNREAGH is a midsized extended detached house of 108m², built sometime between 1996 and 2002, which could now be worth an estimated £414,459. It was last sold for £310,000 in August 2017, which was around 6% below the average August 2017 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.

CARNREAGH Sold Prices

Land registry data shows two sales for CARNREAGH 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 CARNREAGH 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
2017 9 AUG	£310,000	£331,303	6% below HPI
2000 18 APR	£105,345	£124,798	16% below HPI

CARNREAGH 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 CARNREAGH sales from April 2000 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 2000 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might CARNREAGH be worth now?

CARNREAGH might now be worth an estimated £414,459.

This is based on house price inflation of 33.7%, between August 2017 and February 2025, 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 33.7% inflationary increase is applied to the most recent sale price for CARNREAGH of £310,000 on 9th August 2017. For the value to have increased from £310,000 to £414,459 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of CARNREAGH has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The August 2017 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of CARNREAGH has not materially changed since August 2017.

How Large is CARNREAGH?

CARNREAGH is 108m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% of detached houses houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ledbury, and where CARNREAGH lies on this distribution: 49% of detached houses houses are smaller than CARNREAGH, and 51% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

CARNREAGH: Plot and Title Map

CARNREAGH sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of CARNREAGH, 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 CARNREAGH). 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 CARNREAGH?

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