2, CHESTNUT CLOSE, LEDBURY, HR8 2EP - £249,950

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.

2 CHESTNUT CLOSE is a midsized extended semi-detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £321,870. It was last sold for £249,950 in August 2019, which was around 18% above the average August 2019 semi-detached price in the Herefordshire local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

2 CHESTNUT CLOSE Sold Prices

Land registry data shows three sales for 2 CHESTNUT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Herefordshire local authority area for the corresponding sale date. All of the three 2 CHESTNUT 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
2019 16 AUG	£249,950	£212,564	18% above HPI
2012 18 DEC	£182,500	£166,601	10% above HPI
2009 4 SEP	£175,000	£166,810	5% above HPI

2 CHESTNUT 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 three 2 CHESTNUT CLOSE sales between September 2009 and August 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 December 2012 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2019 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 2 CHESTNUT CLOSE be worth now?

2 CHESTNUT CLOSE might now be worth an estimated £321,870.

This is based on house price inflation of 28.8%, between August 2019 and June 2025, 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 28.8% inflationary increase is applied to the most recent sale price for 2 CHESTNUT CLOSE of £249,950 on 16th August 2019. For the value to have increased from £249,950 to £321,870 over the six years and two months to June 2025, the following assumptions must hold true:

• The value of 2 CHESTNUT CLOSE has moved in line with the HPI for semi-detached houses in the Herefordshire local authority area.
• The August 2019 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 2 CHESTNUT CLOSE has not materially changed since August 2019.

How Large is 2 CHESTNUT CLOSE?

2 CHESTNUT CLOSE is 104m², which includes two extensions, according to the EPC inspection conducted in April 2009. This puts it in the smallest 50% 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 2 CHESTNUT CLOSE lies on this distribution: 45% of semi-detached houses houses are smaller than 2 CHESTNUT CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

2 CHESTNUT CLOSE: Plot and Title Map

2 CHESTNUT CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 2 CHESTNUT 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 2 CHESTNUT 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 2 CHESTNUT CLOSE?

2 CHESTNUT CLOSE is located in LEDBURY, in the HR8 postcode district. The below map shows the position of No. 2 on CHESTNUT CLOSE.