2, HALLWOOD DRIVE, LEDBURY, HR8 2FY - £198,000

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.

2 HALLWOOD DRIVE is a very small detached house of 60m², built sometime between 1996 and 2002, which could now be worth an estimated £256,369. It was last sold for £198,000 in August 2019, which was around 43% below the average August 2019 detached price in the Herefordshire local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

2 HALLWOOD DRIVE Sold Prices

Land registry data shows five sales for 2 HALLWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the five 2 HALLWOOD DRIVE 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
2019 1 AUG	£198,000	£346,639	43% below HPI
2011 1 APR	£147,750	£280,690	47% below HPI
2009 4 FEB	£75,000	£248,465	70% below HPI
2003 6 AUG	£122,000	£216,497	44% below HPI
2001 29 JUN	£79,500	£146,057	46% below HPI

2 HALLWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The five 2 HALLWOOD DRIVE sales between June 2001 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 April 2011 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 2019 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 2 HALLWOOD DRIVE be worth now?

2 HALLWOOD DRIVE might now be worth an estimated £256,369.

This is based on house price inflation of 29.5%, between August 2019 and October 2025, for 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 29.5% inflationary increase is applied to the most recent sale price for 2 HALLWOOD DRIVE of £198,000 on 1st August 2019. For the value to have increased from £198,000 to £256,369 over the five years and ten months to October 2025, the following assumptions must hold true:

• The value of 2 HALLWOOD DRIVE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The August 2019 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HALLWOOD DRIVE has not materially changed since August 2019.

How Large is 2 HALLWOOD DRIVE?

2 HALLWOOD DRIVE is 60m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ledbury, and where 2 HALLWOOD DRIVE lies on this distribution: 3% of detached houses houses are smaller than 2 HALLWOOD DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

2 HALLWOOD DRIVE: Plot and Title Map

2 HALLWOOD DRIVE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 2 HALLWOOD 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 2 HALLWOOD 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 2 HALLWOOD DRIVE?

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