Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
GAYLEYS is a small extended detached house of 111m², built sometime before 1900. It was last sold for £205,000 in January 2011, which was around 23% below the average January 2011 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2010, where the current energy rating was G, and the potential energy rating was G.
Land registry data shows two sales for GAYLEYS since 1st 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 GAYLEYS 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 |
---|---|---|---|
2011 31 JAN | £205,000 | £265,303 | 23% below HPI |
2007 21 MAR | £240,000 | £277,346 | 13% below HPI |
The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two GAYLEYS sales from March 2007 and January 2011 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 March 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2011 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
GAYLEYS is 111m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the smallest 30% of detached houses in Westhope, based on EPC data. The below chart shows the distribution of detached houses by size in Westhope, and where GAYLEYS lies on this distribution: 24% of detached houses are smaller than GAYLEYS, and 76% of houses are larger. Note that EPC data is not available for all properties in Westhope.
GAYLEYS sits on a plot of roughly 0.462 of an acre, or 1,870m². The below map shows the location of GAYLEYS, 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 GAYLEYS). 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.
GAYLEYS is located in WESTHOPE, in the HR4 postcode district. The below map shows the position of GAYLEYS in WESTHOPE.