1, IRVINE CLOSE, HEREFORD, HR4 0RE - £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 IRVINE CLOSE is a very small detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £394,913. It was last sold for £240,000 in October 2011, which was around 12% 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.

1 IRVINE CLOSE Sold Prices

Land registry data shows two sales for 1 IRVINE 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 IRVINE 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
2011 14 OCT	£240,000	£272,764	12% below HPI
1995 24 JUL	£83,000	£88,570	6% below HPI

1 IRVINE 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 IRVINE CLOSE sales from July 1995 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 July 1995 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2011 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 IRVINE CLOSE be worth now?

1 IRVINE CLOSE might now be worth an estimated £394,913.

This is based on house price inflation of 64.5%, between October 2011 and October 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 64.5% inflationary increase is applied to the most recent sale price for 1 IRVINE CLOSE of £240,000 on 14th October 2011. For the value to have increased from £240,000 to £394,913 over the fourteen years to October 2025, the following assumptions must hold true:

• The value of 1 IRVINE CLOSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The October 2011 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 1 IRVINE CLOSE has not materially changed since October 2011.

How Large is 1 IRVINE CLOSE?

1 IRVINE CLOSE is 84m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of detached houses houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hereford, and where 1 IRVINE CLOSE lies on this distribution: 18% of detached houses houses are smaller than 1 IRVINE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Hereford.

1 IRVINE CLOSE: Plot and Title Map

1 IRVINE CLOSE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 1 IRVINE 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 IRVINE 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 IRVINE CLOSE?

1 IRVINE CLOSE is located in HEREFORD, in the HR4 postcode district. The below map shows the position of No. 1 on IRVINE CLOSE.