PARKSTONE, PARADISE GREEN, MARDEN, HEREFORD, HR1 3DW - £320,000

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

PARKSTONE is a midsized detached house of 103m², built sometime between 1950 and 1966. It was last sold for £320,000 in June 2024, which was around 26% below the average June 2024 detached price in the Herefordshire local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

PARKSTONE Sold Prices

Land registry data shows three sales for PARKSTONE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the three PARKSTONE 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
2024 7 JUN	£320,000	£435,018	26% below HPI
2011 19 AUG	£194,000	£266,674	27% below HPI
2000 14 DEC	£110,750	£136,533	19% below HPI

PARKSTONE 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 three PARKSTONE sales between December 2000 and June 2024 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 August 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2024 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is PARKSTONE?

PARKSTONE is 103m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 50% of detached houses in Marden, based on EPC data. The below chart shows the distribution of detached houses by size in Marden, and where PARKSTONE lies on this distribution: 43% of detached houses are smaller than PARKSTONE, and 57% of houses are larger. Note that EPC data is not available for all properties in Marden.

PARKSTONE: Plot and Title Map

PARKSTONE sits on a plot of roughly 0.293 of an acre, or 1,187m². The below map shows the location of PARKSTONE, 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 PARKSTONE). 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 PARKSTONE?

PARKSTONE is located on PARADISE GREEN in MARDEN, in the HR1 postcode district. The below map shows the position of PARKSTONE on PARADISE GREEN.