THE AIRD, MARDEN, HEREFORD, HR1 3EN - £590,000

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

THE AIRD is a very large extended detached house of 180m², built sometime between 1996 and 2002. It was last sold for £590,000 in December 2019, which was around 73% above the average December 2019 detached price in the Herefordshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

THE AIRD Sold Prices

Land registry data shows two sales for THE AIRD 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. One of the two THE AIRD sales was for above the average price, whilst the other 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
2019 16 DEC	£590,000	£341,609	73% above HPI
1996 20 DEC	£55,000	£90,784	39% below HPI

THE AIRD 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 THE AIRD sales from December 1996 and December 2019 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 December 1996 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2019 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is THE AIRD?

THE AIRD is 180m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 10% of detached houses in Marden, based on EPC data. The below chart shows the distribution of detached houses by size in Marden, and where THE AIRD lies on this distribution: 93% of detached houses are smaller than THE AIRD, and 7% of houses are larger. Note that EPC data is not available for all properties in Marden.

THE AIRD: Plot and Title Map

THE AIRD sits on a plot of roughly 0.472 of an acre, or 1,910m². The below map shows the location of THE AIRD, 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 THE AIRD). 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 THE AIRD?

THE AIRD is located in MARDEN, in the HR1 postcode district. The below map shows the position of THE AIRD in MARDEN.