NEW ROMNEY, PINSLEY ROAD, LEOMINSTER, HR6 8NN - £345,000

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

NEW ROMNEY is a midsized detached house of 103m², built sometime between 2003 and 2006. It was last sold for £345,000 in March 2023, which was around 19% below the average March 2023 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

NEW ROMNEY Sold Prices

Land registry data shows two sales for NEW ROMNEY 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 NEW ROMNEY 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
2023 6 MAR	£345,000	£427,918	19% below HPI
2014 21 MAR	£225,000	£276,429	19% below HPI

NEW ROMNEY 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 NEW ROMNEY sales from March 2014 and March 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 March 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2023 sale, which was also at 19% below the HPI.

How Large is NEW ROMNEY?

NEW ROMNEY is 103m² according to the EPC inspection conducted in September 2013. This puts it in the largest 50% of detached houses in Leominster, based on EPC data. The below chart shows the distribution of detached houses by size in Leominster, and where NEW ROMNEY lies on this distribution: 55% of detached houses are smaller than NEW ROMNEY, and 44% of houses are larger. Note that EPC data is not available for all properties in Leominster.

NEW ROMNEY: Plot and Title Map

NEW ROMNEY sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of NEW ROMNEY, 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 NEW ROMNEY). 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 NEW ROMNEY?

NEW ROMNEY is located on PINSLEY ROAD in LEOMINSTER, in the HR6 postcode district. The below map shows the position of NEW ROMNEY on PINSLEY ROAD.