CRANES, DUKE STREET, WITHINGTON, HEREFORD, HR1 3QD - £235,000

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

CRANES is a very small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £235,000 in September 2021, which was around 37% below the average September 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was C.

CRANES Sold Prices

Land registry data shows two sales for CRANES 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 CRANES 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
2021 23 SEP	£235,000	£375,943	37% below HPI
2018 26 OCT	£189,000	£342,545	45% below HPI

CRANES 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 CRANES sales from October 2018 and September 2021 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 2018 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is CRANES?

CRANES is 89m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of detached houses in Withington, based on EPC data. The below chart shows the distribution of detached houses by size in Withington, and where CRANES lies on this distribution: 20% of detached houses are smaller than CRANES, and 80% of houses are larger. Note that EPC data is not available for all properties in Withington.

CRANES: Plot and Title Map

CRANES sits on a plot of roughly 0.362 of an acre, or 1,464m². The below map shows the location of CRANES, 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 CRANES). 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 CRANES?

CRANES is located on DUKE STREET in WITHINGTON, in the HR1 postcode district. The below map shows the position of CRANES on DUKE STREET.