2, MILLSTREAM GARDENS, EARDISLEY, HEREFORD, HR3 6NR - £199,950

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 MILLSTREAM GARDENS is a very small terraced house of 91m², built sometime between 1991 and 1995, which could now be worth an estimated £261,766. It was last sold for £199,950 in July 2018, which was around 25% above the average July 2018 terraced price in the Herefordshire local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was B.

2 MILLSTREAM GARDENS Sold Prices

Land registry data shows three sales for 2 MILLSTREAM GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Herefordshire local authority area for the corresponding sale date. All of the three 2 MILLSTREAM GARDENS 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
2018 31 JUL	£199,950	£160,141	25% above HPI
2015 20 NOV	£182,500	£142,413	28% above HPI
1999 22 SEP	£89,500	£50,682	77% above HPI

2 MILLSTREAM GARDENS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Herefordshire local authority area over time, sourced from the HPI. The three 2 MILLSTREAM GARDENS sales between September 1999 and July 2018 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 November 2015 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the July 2018 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 2 MILLSTREAM GARDENS be worth now?

2 MILLSTREAM GARDENS might now be worth an estimated £261,766.

This is based on house price inflation of 30.9%, between July 2018 and April 2026, for terraced 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 30.9% inflationary increase is applied to the most recent sale price for 2 MILLSTREAM GARDENS of £199,950 on 31st July 2018. For the value to have increased from £199,950 to £261,766 over the eight years and three months to April 2026, the following assumptions must hold true:

• The value of 2 MILLSTREAM GARDENS has moved in line with the HPI for terraced houses in the Herefordshire local authority area.
• The July 2018 sale price of £199,950 represented a fair market value for the property.
• The size, condition, and specification of 2 MILLSTREAM GARDENS has not materially changed since July 2018.

How Large is 2 MILLSTREAM GARDENS?

2 MILLSTREAM GARDENS is 91m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of terraced houses houses in Eardisley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Eardisley, and where 2 MILLSTREAM GARDENS lies on this distribution: 8% of terraced houses houses are smaller than 2 MILLSTREAM GARDENS, and 92% of houses are larger. Note that EPC data is not available for all properties in Eardisley.

2 MILLSTREAM GARDENS: Plot and Title Map

2 MILLSTREAM GARDENS sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 2 MILLSTREAM GARDENS, 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 MILLSTREAM GARDENS). 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 MILLSTREAM GARDENS?

2 MILLSTREAM GARDENS is located in EARDISLEY, in the HR3 postcode district. The below map shows the position of No. 2 on MILLSTREAM GARDENS.