GREENWAYS, MUNSTONE ROAD, HEREFORD, HR1 1LG - £380,000

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

GREENWAYS is a large extended detached house of 123m², built sometime between 1950 and 1966. It was last sold for £380,000 in October 2017, which was around 16% above the average October 2017 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

GREENWAYS Sold Prices

Land registry data shows four sales for GREENWAYS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. The four GREENWAYS sales were a mix of above the average price, and roughly equal to 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 24 OCT	£380,000	£328,910	16% above HPI
2006 17 NOV	£280,000	£278,738	Close to HPI
2000 16 JUN	£165,000	£129,842	27% above HPI
1995 5 JAN	£99,000	£86,302	15% above HPI

GREENWAYS 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 four GREENWAYS sales between January 1995 and October 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 November 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2017 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is GREENWAYS?

GREENWAYS is 123m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 40% of detached houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses by size in Hereford, and where GREENWAYS lies on this distribution: 61% of detached houses are smaller than GREENWAYS, and 38% of houses are larger. Note that EPC data is not available for all properties in Hereford.

GREENWAYS: Plot and Title Map

GREENWAYS sits on a plot of roughly 0.312 of an acre, or 1,264m². The below map shows the location of GREENWAYS, 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 GREENWAYS). 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 GREENWAYS?

GREENWAYS is located on MUNSTONE ROAD in HEREFORD, in the HR1 postcode district. The below map shows the position of GREENWAYS on MUNSTONE ROAD.