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
2 HORSE LANE ORCHARD is a midsized detached house of 114m², built sometime between 1967 and 1975. It was last sold for £500,000 in March 2023, which was around 15% above the average March 2023 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 2 HORSE LANE ORCHARD 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 2 HORSE LANE ORCHARD 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 |
---|---|---|---|
2023 31 MAR | £500,000 | £433,499 | 15% above HPI |
2011 28 APR | £330,000 | £276,840 | 19% above HPI |
1995 17 OCT | £98,950 | £87,853 | 13% above HPI |
The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The three 2 HORSE LANE ORCHARD sales between October 1995 and March 2023 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 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the March 2023 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.
2 HORSE LANE ORCHARD is 114m² according to the EPC inspection conducted in September 2022. This puts it in the largest 50% of detached houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses by size in Ledbury, and where 2 HORSE LANE ORCHARD lies on this distribution: 54% of detached houses are smaller than 2 HORSE LANE ORCHARD, and 44% of houses are larger. Note that EPC data is not available for all properties in Ledbury.
2 HORSE LANE ORCHARD sits on a plot of roughly 0.182 of an acre, or 735m². The below map shows the location of 2 HORSE LANE ORCHARD, 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 HORSE LANE ORCHARD). 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.
2 HORSE LANE ORCHARD is located in LEDBURY, in the HR8 postcode district. The below map shows the position of No. 2 on HORSE LANE ORCHARD.