16, LADY SOMERSET DRIVE, LEDBURY, HR8 2FF - £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.

16 LADY SOMERSET DRIVE is a very small terraced house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £318,293. It was last sold for £240,000 in October 2019, which was around 49% above the average October 2019 terraced price in the Herefordshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

16 LADY SOMERSET DRIVE Sold Prices

Land registry data shows three sales for 16 LADY SOMERSET DRIVE 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 16 LADY SOMERSET DRIVE 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
2019 16 OCT	£240,000	£161,330	49% above HPI
2002 25 JAN	£117,500	£65,391	80% above HPI
2001 9 FEB	£88,950	£57,171	56% above HPI

16 LADY SOMERSET DRIVE 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 16 LADY SOMERSET DRIVE sales between February 2001 and October 2019 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 2002 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the October 2019 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 16 LADY SOMERSET DRIVE be worth now?

16 LADY SOMERSET DRIVE might now be worth an estimated £318,293.

This is based on house price inflation of 32.6%, between October 2019 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 32.6% inflationary increase is applied to the most recent sale price for 16 LADY SOMERSET DRIVE of £240,000 on 16th October 2019. For the value to have increased from £240,000 to £318,293 over the six years to October 2025, the following assumptions must hold true:

• The value of 16 LADY SOMERSET DRIVE has moved in line with the HPI for terraced houses in the Herefordshire local authority area.
• The October 2019 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LADY SOMERSET DRIVE has not materially changed since October 2019.

How Large is 16 LADY SOMERSET DRIVE?

16 LADY SOMERSET DRIVE is 72m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% 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 16 LADY SOMERSET DRIVE lies on this distribution: 6% of terraced houses houses are smaller than 16 LADY SOMERSET DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

16 LADY SOMERSET DRIVE: Plot and Title Map

16 LADY SOMERSET DRIVE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 16 LADY SOMERSET DRIVE, 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 16 LADY SOMERSET DRIVE). 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 16 LADY SOMERSET DRIVE?

16 LADY SOMERSET DRIVE is located in LEDBURY, in the HR8 postcode district. The below map shows the position of No. 16 on LADY SOMERSET DRIVE.