TRADE WINDS, STOCKENHILL ROAD, LEOMINSTER, HR6 8PP - £215,000

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

TRADE WINDS is a small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £215,000 in October 2011, which was around 20% below the average October 2011 detached price in the Herefordshire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

TRADE WINDS Sold Prices

Land registry data shows two sales for TRADE WINDS 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 TRADE WINDS 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
2011 21 OCT	£215,000	£269,022	20% below HPI
2008 14 JAN	£190,000	£284,090	33% below HPI

TRADE WINDS 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 TRADE WINDS sales from January 2008 and October 2011 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 January 2008 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2011 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is TRADE WINDS?

TRADE WINDS is 85m², which includes two extensions, according to the EPC inspection conducted in July 2011. This puts it in the smallest 40% of detached houses in Leominster, based on EPC data. The below chart shows the distribution of detached houses by size in Leominster, and where TRADE WINDS lies on this distribution: 36% of detached houses are smaller than TRADE WINDS, and 64% of houses are larger. Note that EPC data is not available for all properties in Leominster.

TRADE WINDS: Plot and Title Map

TRADE WINDS sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of TRADE WINDS, 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 TRADE WINDS). 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 TRADE WINDS?

TRADE WINDS is located on STOCKENHILL ROAD in LEOMINSTER, in the HR6 postcode district. The below map shows the position of TRADE WINDS on STOCKENHILL ROAD.