THE PIPPINS, VICTORIA ROAD, LEDBURY, HR8 2DA - £325,000

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 PIPPINS is a midsized detached house of 103m², built sometime between 1950 and 1966. It was last sold for £325,000 in January 2020, which was around 5% below the average January 2020 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

THE PIPPINS Sold Prices

Land registry data shows two sales for THE PIPPINS 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. Both of the two THE PIPPINS 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
2020 24 JAN	£325,000	£343,455	5% below HPI
2014 15 APR	£220,000	£279,908	21% below HPI

THE PIPPINS 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 PIPPINS sales from April 2014 and January 2020 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 April 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2020 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is THE PIPPINS?

THE PIPPINS is 103m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 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 PIPPINS lies on this distribution: 45% of detached houses are smaller than THE PIPPINS, and 55% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

THE PIPPINS: Plot and Title Map

THE PIPPINS sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of THE PIPPINS, 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 PIPPINS). 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 PIPPINS?

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