TARA, KINGS ACRE ROAD, HEREFORD, HR4 0SG - £330,000

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

TARA is a very large extended detached house of 190m², built sometime between 1983 and 1990. It was last sold for £330,000 in January 2017, which was around 7% above the average January 2017 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

TARA Sold Prices

Land registry data shows three sales for TARA 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 TARA 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
2017 23 JAN	£330,000	£308,960	7% above HPI
2002 14 NOV	£210,000	£187,567	12% above HPI
1998 24 JUL	£55,000	£102,040	46% below HPI

TARA 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 TARA sales between July 1998 and January 2017 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 November 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2017 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is TARA?

TARA is 190m², which includes three extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 20% of detached houses in Swainshill, based on EPC data. The below chart shows the distribution of detached houses by size in Swainshill, and where TARA lies on this distribution: 86% of detached houses are smaller than TARA, and 14% of houses are larger. Note that EPC data is not available for all properties in Swainshill.

TARA: Plot and Title Map

TARA sits on a plot of roughly 0.151 of an acre, or 612m². The below map shows the location of TARA, 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 TARA). 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 TARA?

TARA is located on KINGS ACRE ROAD in HEREFORD, in the HR4 postcode district. The below map shows the position of TARA on KINGS ACRE ROAD.