2, PALACE ORCHARD ROAD, PETERCHURCH, HEREFORD, HR2 0SB - £320,000

2 PALACE ORCHARD ROAD is a very small detached house of 94m², built sometime between 1967 and 1975. It was last sold for £320,000 in April 2023, which was around 27% below the average April 2023 detached price in the Herefordshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was F, and the potential energy rating was D.

2 PALACE ORCHARD ROAD Sold Prices

Land registry data shows two sales for 2 PALACE ORCHARD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Both of the two 2 PALACE ORCHARD ROAD 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
2023 3 APR	£320,000	£436,040	27% below HPI
1997 10 MAR	£69,950	£90,033	22% below HPI

2 PALACE ORCHARD ROAD 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 two 2 PALACE ORCHARD ROAD sales from March 1997 and April 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 March 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 PALACE ORCHARD ROAD?

2 PALACE ORCHARD ROAD is 94m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% of detached houses in Peterchurch, based on EPC data. The below chart shows the distribution of detached houses by size in Peterchurch, and where 2 PALACE ORCHARD ROAD lies on this distribution: 15% of detached houses are smaller than 2 PALACE ORCHARD ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Peterchurch.

2 PALACE ORCHARD ROAD: Plot and Title Map

2 PALACE ORCHARD ROAD sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of 2 PALACE ORCHARD ROAD, 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 PALACE ORCHARD ROAD). 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 PALACE ORCHARD ROAD?

2 PALACE ORCHARD ROAD is located in PETERCHURCH, in the HR2 postcode district. The below map shows the position of No. 2 on PALACE ORCHARD ROAD.