MAYVILLE, BRIDGE STREET, LEDBURY, HR8 2AR - £475,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MAYVILLE is a large extended detached house of 138m², built sometime between 1900 and 1929, which could now be worth an estimated £575,716. It was last sold for £475,000 in April 2021, which was around 30% above the average April 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was C.

MAYVILLE Sold Prices

Land registry data shows two sales for MAYVILLE 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 MAYVILLE sales were 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
2021 30 APR	£475,000	£365,452	30% above HPI
2004 16 FEB	£245,000	£227,495	8% above HPI

MAYVILLE 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 MAYVILLE sales from February 2004 and April 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 February 2004 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the April 2021 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might MAYVILLE be worth now?

MAYVILLE might now be worth an estimated £575,716.

This is based on house price inflation of 21.2%, between April 2021 and February 2025, for detached houses, in the Herefordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.2% inflationary increase is applied to the most recent sale price for MAYVILLE of £475,000 on 30th April 2021. For the value to have increased from £475,000 to £575,716 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of MAYVILLE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The April 2021 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of MAYVILLE has not materially changed since April 2021.

How Large is MAYVILLE?

MAYVILLE is 138m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the largest 30% of detached houses houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ledbury, and where MAYVILLE lies on this distribution: 77% of detached houses houses are smaller than MAYVILLE, and 23% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

MAYVILLE: Plot and Title Map

MAYVILLE sits on a plot of roughly 0.238 of an acre, or 965m². The below map shows the location of MAYVILLE, 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 MAYVILLE). 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 MAYVILLE?

MAYVILLE is located on BRIDGE STREET in LEDBURY, in the HR8 postcode district. The below map shows the position of MAYVILLE on BRIDGE STREET.