1, PRESTON BROOK CLOSE, LEDBURY, HR8 2FL - £185,000

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 PRESTON BROOK CLOSE is a very small extended terraced house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £260,974. It was last sold for £185,000 in July 2016, which was around 26% above the average July 2016 terraced price in the Herefordshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

1 PRESTON BROOK CLOSE Sold Prices

Land registry data shows two sales for 1 PRESTON BROOK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Herefordshire local authority area for the corresponding sale date. Both of the two 1 PRESTON BROOK CLOSE 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
2016 8 JUL	£185,000	£146,711	26% above HPI
1999 25 NOV	£81,500	£51,601	58% above HPI

1 PRESTON BROOK CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Herefordshire local authority area over time, sourced from the HPI. The two 1 PRESTON BROOK CLOSE sales from November 1999 and July 2016 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 November 1999 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the July 2016 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 1 PRESTON BROOK CLOSE be worth now?

1 PRESTON BROOK CLOSE might now be worth an estimated £260,974.

This is based on house price inflation of 41.1%, between July 2016 and May 2026, for terraced 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 41.1% inflationary increase is applied to the most recent sale price for 1 PRESTON BROOK CLOSE of £185,000 on 8th July 2016. For the value to have increased from £185,000 to £260,974 over the ten years and two months to May 2026, the following assumptions must hold true:

• The value of 1 PRESTON BROOK CLOSE has moved in line with the HPI for terraced houses in the Herefordshire local authority area.
• The July 2016 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PRESTON BROOK CLOSE has not materially changed since July 2016.

How Large is 1 PRESTON BROOK CLOSE?

1 PRESTON BROOK CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of terraced houses houses in Ledbury, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ledbury, and where 1 PRESTON BROOK CLOSE lies on this distribution: 15% of terraced houses houses are smaller than 1 PRESTON BROOK CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

1 PRESTON BROOK CLOSE: Plot and Title Map

1 PRESTON BROOK CLOSE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 1 PRESTON BROOK 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 PRESTON BROOK 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 PRESTON BROOK CLOSE?

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