Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources
18 LAMBOURNE CLOSE is a very small extended detached house of 78m², built sometime between 1967 and 1975. It was last sold for £300,500 in April 2022, which was around 26% below the average April 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 18 LAMBOURNE CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the three 18 LAMBOURNE 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 |
---|---|---|---|
2022 1 APR | £300,500 | £408,634 | 26% below HPI |
2004 1 OCT | £196,500 | £255,248 | 23% below HPI |
2003 19 DEC | £165,000 | £220,116 | 25% below HPI |
The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The three 18 LAMBOURNE CLOSE sales between December 2003 and April 2022 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 October 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2022 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
18 LAMBOURNE CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 20% of detached houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses by size in Ledbury, and where 18 LAMBOURNE CLOSE lies on this distribution: 15% of detached houses are smaller than 18 LAMBOURNE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ledbury.
18 LAMBOURNE CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 18 LAMBOURNE 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 18 LAMBOURNE 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.
18 LAMBOURNE CLOSE is located in LEDBURY, in the HR8 postcode district. The below map shows the position of No. 18 on LAMBOURNE CLOSE.