OAK VIEW, GRAFTON, HEREFORD, HR2 8BJ - £245,000

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.

OAK VIEW is a large extended detached house of 125m², built sometime between 1950 and 1966, which could now be worth an estimated £372,662. It was last sold for £245,000 in August 2014, which was around 16% below the average August 2014 detached price in the Herefordshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

OAK VIEW Sold Prices

Land registry data shows four sales for OAK VIEW 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. All of the four OAK VIEW 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
2014 5 AUG	£245,000	£291,203	16% below HPI
2004 8 APR	£182,000	£233,963	22% below HPI
1999 3 SEP	£85,000	£119,508	29% below HPI
1997 10 SEP	£70,000	£99,804	30% below HPI

OAK VIEW 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 OAK VIEW sales between September 1997 and August 2014 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 April 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2014 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might OAK VIEW be worth now?

OAK VIEW might now be worth an estimated £372,662.

This is based on house price inflation of 52.1%, between August 2014 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 52.1% inflationary increase is applied to the most recent sale price for OAK VIEW of £245,000 on 5th August 2014. For the value to have increased from £245,000 to £372,662 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of OAK VIEW has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The August 2014 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of OAK VIEW has not materially changed since August 2014.

How Large is OAK VIEW?

OAK VIEW is 125m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 40% of detached houses houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hereford, and where OAK VIEW lies on this distribution: 63% of detached houses houses are smaller than OAK VIEW, and 36% of houses are larger. Note that EPC data is not available for all properties in Hereford.

OAK VIEW: Plot and Title Map

OAK VIEW sits on a plot of roughly 0.230 of an acre, or 932m². The below map shows the location of OAK VIEW, 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 OAK VIEW). 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 OAK VIEW?

OAK VIEW is located in GRAFTON, in the HR2 postcode district. The below map shows the position of OAK VIEW in GRAFTON.