DANETREE, NEWLANDS DRIVE, LEOMINSTER, HR6 8PR - £365,000

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

DANETREE is a large extended detached house of 119m², built sometime between 1930 and 1949. It was last sold for £365,000 in February 2023, which was around 15% below the average February 2023 detached price in the Herefordshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

DANETREE Sold Prices

Land registry data shows three sales for DANETREE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Two of the three DANETREE sales were for below the average price, whilst one was 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
2023 15 FEB	£365,000	£431,890	15% below HPI
2019 13 SEP	£293,000	£346,227	15% below HPI
2000 23 JUN	£131,000	£129,842	1% above HPI

DANETREE 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 three DANETREE sales between June 2000 and February 2023 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 September 2019 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2023 sale, which was also at 15% below the HPI.

How Large is DANETREE?

DANETREE is 119m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 30% of detached houses in Leominster, based on EPC data. The below chart shows the distribution of detached houses by size in Leominster, and where DANETREE lies on this distribution: 69% of detached houses are smaller than DANETREE, and 30% of houses are larger. Note that EPC data is not available for all properties in Leominster.

DANETREE: Plot and Title Map

DANETREE sits on a plot of roughly 0.161 of an acre, or 650m². The below map shows the location of DANETREE, 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 DANETREE). 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 DANETREE?

DANETREE is located on NEWLANDS DRIVE in LEOMINSTER, in the HR6 postcode district. The below map shows the position of DANETREE on NEWLANDS DRIVE.