PORTLAND PLACE, VICTORIA ROAD, LEDBURY, HR8 2DD - £440,000

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

PORTLAND PLACE is a very large extended detached house of 195m², built sometime before 1900. It was last sold for £440,000 in January 2013, which was around 61% above the average January 2013 detached price in the Herefordshire local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

PORTLAND PLACE Sold Prices

Land registry data shows three sales for PORTLAND PLACE 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. Two of the three PORTLAND PLACE sales were for above the average price, whilst one was 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
2013 11 JAN	£440,000	£272,473	61% above HPI
2004 26 MAR	£245,000	£227,036	8% above HPI
1996 6 DEC	£90,000	£90,784	1% below HPI

PORTLAND PLACE 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 PORTLAND PLACE sales between December 1996 and January 2013 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 2004 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the January 2013 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is PORTLAND PLACE?

PORTLAND PLACE is 195m², which includes two extensions, according to the EPC inspection conducted in October 2011. This puts it in the largest 10% of detached houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses by size in Ledbury, and where PORTLAND PLACE lies on this distribution: 97% of detached houses are smaller than PORTLAND PLACE, and 3% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

PORTLAND PLACE: Plot and Title Map

PORTLAND PLACE sits on a plot of roughly 0.180 of an acre, or 729m². The below map shows the location of PORTLAND PLACE, 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 PORTLAND PLACE). 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 PORTLAND PLACE?

PORTLAND PLACE is located on VICTORIA ROAD in LEDBURY, in the HR8 postcode district. The below map shows the position of PORTLAND PLACE on VICTORIA ROAD.