FINLAGGAN, HOMEND CRESCENT, LEDBURY, HR8 1AQ - £480,000

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

FINLAGGAN is a large extended detached house of 140m², built sometime between 1930 and 1949. It was last sold for £480,000 in August 2023, which was around 11% above the average August 2023 detached price in the Herefordshire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

FINLAGGAN Sold Prices

Land registry data shows three sales for FINLAGGAN 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 FINLAGGAN sales were for above the average price, whilst one was 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
2023 31 AUG	£480,000	£431,665	11% above HPI
2012 13 SEP	£280,000	£272,277	3% above HPI
2004 15 SEP	£191,775	£256,709	25% below HPI

FINLAGGAN 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 FINLAGGAN sales between September 2004 and August 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 2012 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2023 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is FINLAGGAN?

FINLAGGAN is 140m², which includes one extension, according to the EPC inspection conducted in April 2023. 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 FINLAGGAN lies on this distribution: 79% of detached houses are smaller than FINLAGGAN, and 21% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

FINLAGGAN: Plot and Title Map

FINLAGGAN sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of FINLAGGAN, 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 FINLAGGAN). 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 FINLAGGAN?

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