2, HEREFORD CLOSE, BUXTON, SK17 9PH - £273,000

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 HEREFORD CLOSE is a very small detached house of 84m², built sometime between 1976 and 1982, which could now be worth an estimated £371,252. It was last sold for £273,000 in September 2019, which was around 14% below the average September 2019 detached price in the High Peak local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

2 HEREFORD CLOSE Sold Prices

Land registry data shows three sales for 2 HEREFORD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the High Peak local authority area for the corresponding sale date. All of the three 2 HEREFORD 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
2019 27 SEP	£273,000	£317,517	14% below HPI
2017 15 AUG	£242,500	£303,074	20% below HPI
1995 15 MAR	£78,500	£90,144	13% below HPI

2 HEREFORD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the High Peak local authority area over time, sourced from the HPI. The three 2 HEREFORD CLOSE sales between March 1995 and September 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 August 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2019 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 HEREFORD CLOSE be worth now?

2 HEREFORD CLOSE might now be worth an estimated £371,252.

This is based on house price inflation of 36%, between September 2019 and April 2026, for detached houses, in the High Peak local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36% inflationary increase is applied to the most recent sale price for 2 HEREFORD CLOSE of £273,000 on 27th September 2019. For the value to have increased from £273,000 to £371,252 over the seven years and five months to April 2026, the following assumptions must hold true:

• The value of 2 HEREFORD CLOSE has moved in line with the HPI for detached houses in the High Peak local authority area.
• The September 2019 sale price of £273,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HEREFORD CLOSE has not materially changed since September 2019.

How Large is 2 HEREFORD CLOSE?

2 HEREFORD CLOSE is 84m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 20% of detached houses houses in Buxton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Buxton, and where 2 HEREFORD CLOSE lies on this distribution: 16% of detached houses houses are smaller than 2 HEREFORD CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Buxton.

2 HEREFORD CLOSE: Plot and Title Map

2 HEREFORD CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 2 HEREFORD 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 HEREFORD 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 HEREFORD CLOSE?

2 HEREFORD CLOSE is located in BUXTON, in the SK17 postcode district. The below map shows the position of No. 2 on HEREFORD CLOSE.