1, CHALLENGER CLOSE, LEDBURY, HR8 2PW - £240,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 CHALLENGER CLOSE is a very small detached house of 73m², built sometime between 1996 and 2002, which could now be worth an estimated £273,767. It was last sold for £240,000 in September 2021, which was around 37% below the average September 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

1 CHALLENGER CLOSE Sold Prices

Land registry data shows two sales for 1 CHALLENGER CLOSE 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 1 CHALLENGER CLOSE 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
2021 30 SEP	£240,000	£381,172	37% below HPI
2006 20 DEC	£120,000	£279,392	57% below HPI

1 CHALLENGER CLOSE 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 1 CHALLENGER CLOSE sales from December 2006 and September 2021 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 2006 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the September 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 1 CHALLENGER CLOSE be worth now?

1 CHALLENGER CLOSE might now be worth an estimated £273,767.

This is based on house price inflation of 14.1%, between September 2021 and June 2025, for detached houses, in the Herefordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.1% inflationary increase is applied to the most recent sale price for 1 CHALLENGER CLOSE of £240,000 on 30th September 2021. For the value to have increased from £240,000 to £273,767 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of 1 CHALLENGER CLOSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The September 2021 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHALLENGER CLOSE has not materially changed since September 2021.

How Large is 1 CHALLENGER CLOSE?

1 CHALLENGER CLOSE is 73m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 10% of detached houses houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ledbury, and where 1 CHALLENGER CLOSE lies on this distribution: 6% of detached houses houses are smaller than 1 CHALLENGER CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

1 CHALLENGER CLOSE: Plot and Title Map

1 CHALLENGER CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 1 CHALLENGER CLOSE, 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 1 CHALLENGER CLOSE). 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 1 CHALLENGER CLOSE?

1 CHALLENGER CLOSE is located in LEDBURY, in the HR8 postcode district. The below map shows the position of No. 1 on CHALLENGER CLOSE.