15, TARGET CLOSE, LEDBURY, HR8 2LR - £277,500

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 TARGET CLOSE is a very small semi-detached house of 73m², built sometime between 1983 and 1990, which could now be worth an estimated £285,805. It was last sold for £277,500 in September 2023, which was around 3% above the average September 2023 semi-detached price in the Herefordshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

15 TARGET CLOSE Sold Prices

Land registry data shows five sales for 15 TARGET CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Herefordshire local authority area for the corresponding sale date. The five 15 TARGET CLOSE sales were a mix of above the average price, roughly equal to the average price, and 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
2023 8 SEP	£277,500	£268,674	3% above HPI
2021 28 JAN	£245,000	£231,501	6% above HPI
2010 11 MAR	£159,000	£173,514	8% below HPI
2001 12 APR	£81,000	£81,369	Close to HPI
1998 28 AUG	£70,000	£61,388	14% above HPI

15 TARGET CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Herefordshire local authority area over time, sourced from the HPI. The five 15 TARGET CLOSE sales between August 1998 and September 2023 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 2021 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2023 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 15 TARGET CLOSE be worth now?

15 TARGET CLOSE might now be worth an estimated £285,805.

This is based on house price inflation of 3%, between September 2023 and May 2026, for semi-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 3% inflationary increase is applied to the most recent sale price for 15 TARGET CLOSE of £277,500 on 8th September 2023. For the value to have increased from £277,500 to £285,805 over the three years and four months to May 2026, the following assumptions must hold true:

• The value of 15 TARGET CLOSE has moved in line with the HPI for semi-detached houses in the Herefordshire local authority area.
• The September 2023 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 15 TARGET CLOSE has not materially changed since September 2023.

How Large is 15 TARGET CLOSE?

15 TARGET CLOSE is 73m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of semi-detached houses houses in Ledbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ledbury, and where 15 TARGET CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 15 TARGET CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

15 TARGET CLOSE: Plot and Title Map

15 TARGET CLOSE sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of 15 TARGET 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 15 TARGET 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 15 TARGET CLOSE?

15 TARGET CLOSE is located in LEDBURY, in the HR8 postcode district. The below map shows the position of No. 15 on TARGET CLOSE.