THE ELMS, NEW STREET, LEDBURY, HR8 2EQ - £490,590

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 ELMS is a midsized extended detached house of 115m², built sometime between 1900 and 1929. It was last sold for £490,590 in November 2018, which was around 42% above the average November 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was B.

THE ELMS Sold Prices

Land registry data shows three sales for THE ELMS 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 THE ELMS sales were for above 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
2018 30 NOV	£490,590	£346,116	42% above HPI
2014 29 SEP	£434,000	£288,779	50% above HPI
2013 5 AUG	£340,000	£277,345	23% above HPI

THE ELMS 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 THE ELMS sales between August 2013 and November 2018 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 September 2014 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the November 2018 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is THE ELMS?

THE ELMS is 115m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 50% of detached houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses by size in Ledbury, and where THE ELMS lies on this distribution: 57% of detached houses are smaller than THE ELMS, and 41% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

THE ELMS: Plot and Title Map

THE ELMS sits on a plot of roughly 0.335 of an acre, or 1,356m². The below map shows the location of THE ELMS, 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 ELMS). 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 ELMS?

THE ELMS is located on NEW STREET in LEDBURY, in the HR8 postcode district. The below map shows the position of THE ELMS on NEW STREET.