15, GOODWIN WAY, HEREFORD, HR2 6RA - £146,500

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.

15 GOODWIN WAY is a very small terraced house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £249,632. It was last sold for £146,500 in July 2009, which was around 17% above the average July 2009 terraced price in the Herefordshire local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

15 GOODWIN WAY Sold Prices

Land registry data shows three sales for 15 GOODWIN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Herefordshire local authority area for the corresponding sale date. All of the three 15 GOODWIN WAY 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
2009 10 JUL	£146,500	£125,565	17% above HPI
2005 4 MAR	£123,000	£120,403	2% above HPI
1997 2 MAY	£46,950	£41,786	12% above HPI

15 GOODWIN WAY 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 three 15 GOODWIN WAY sales between May 1997 and July 2009 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 March 2005 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2009 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 15 GOODWIN WAY be worth now?

15 GOODWIN WAY might now be worth an estimated £249,632.

This is based on house price inflation of 70.4%, between July 2009 and October 2025, 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 70.4% inflationary increase is applied to the most recent sale price for 15 GOODWIN WAY of £146,500 on 10th July 2009. For the value to have increased from £146,500 to £249,632 over the fifteen years and nine months to October 2025, the following assumptions must hold true:

• The value of 15 GOODWIN WAY has moved in line with the HPI for terraced houses in the Herefordshire local authority area.
• The July 2009 sale price of £146,500 represented a fair market value for the property.
• The size, condition, and specification of 15 GOODWIN WAY has not materially changed since July 2009.

How Large is 15 GOODWIN WAY?

15 GOODWIN WAY is 83m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 20% of terraced houses houses in Hereford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hereford, and where 15 GOODWIN WAY lies on this distribution: 16% of terraced houses houses are smaller than 15 GOODWIN WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Hereford.

15 GOODWIN WAY: Plot and Title Map

15 GOODWIN WAY sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 15 GOODWIN WAY, 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 15 GOODWIN WAY). 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 15 GOODWIN WAY?

15 GOODWIN WAY is located in HEREFORD, in the HR2 postcode district. The below map shows the position of No. 15 on GOODWIN WAY.