2, PHILLIPS ACRE, YARPOLE, LEOMINSTER, HR6 0DA - £410,000

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 PHILLIPS ACRE is a small terraced house of 94m², built sometime between 1983 and 1990, which could now be worth an estimated £410,746. It was last sold for £410,000 in October 2022, which was around 98% above the average October 2022 terraced price in the Herefordshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

2 PHILLIPS ACRE Sold Prices

Land registry data shows two sales for 2 PHILLIPS ACRE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Herefordshire local authority area for the corresponding sale date. Both of the two 2 PHILLIPS ACRE 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
2022 25 OCT	£410,000	£206,585	98% above HPI
2015 17 JUL	£220,000	£138,900	58% above HPI

2 PHILLIPS ACRE 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 two 2 PHILLIPS ACRE sales from July 2015 and October 2022 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 July 2015 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the October 2022 sale, where it rises to 98% above the HPI. The line then continues to track at 98% above the HPI.

What might 2 PHILLIPS ACRE be worth now?

2 PHILLIPS ACRE might now be worth an estimated £410,746.

This is based on house price inflation of 0.2%, between October 2022 and May 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 0.2% inflationary increase is applied to the most recent sale price for 2 PHILLIPS ACRE of £410,000 on 25th October 2022. For the value to have increased from £410,000 to £410,746 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of 2 PHILLIPS ACRE has moved in line with the HPI for terraced houses in the Herefordshire local authority area.
• The October 2022 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PHILLIPS ACRE has not materially changed since October 2022.

How Large is 2 PHILLIPS ACRE?

2 PHILLIPS ACRE is 94m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% of terraced houses houses in Yarpole, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Yarpole, and where 2 PHILLIPS ACRE lies on this distribution: 28% of terraced houses houses are smaller than 2 PHILLIPS ACRE, and 72% of houses are larger. Note that EPC data is not available for all properties in Yarpole.

2 PHILLIPS ACRE: Plot and Title Map

2 PHILLIPS ACRE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 2 PHILLIPS ACRE, 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 PHILLIPS ACRE). 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 PHILLIPS ACRE?

2 PHILLIPS ACRE is located in YARPOLE, in the HR6 postcode district. The below map shows the position of No. 2 on PHILLIPS ACRE.