2, TEME WAY, LEDBURY, HR8 2FQ - £362,500

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 TEME WAY is a large extended detached house of 142m², built sometime between 1996 and 2002, which could now be worth an estimated £588,215. It was last sold for £362,500 in June 2011, which was around 33% above the average June 2011 detached price in the Herefordshire local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

2 TEME WAY Sold Prices

Land registry data shows three sales for 2 TEME WAY since 1^st 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 TEME WAY 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
2011 23 JUN	£362,500	£272,971	33% above HPI
2004 23 JUN	£284,000	£246,732	15% above HPI
2000 29 AUG	£162,950	£137,943	18% above HPI

2 TEME WAY 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 three 2 TEME WAY sales between August 2000 and June 2011 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 June 2004 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2011 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 2 TEME WAY be worth now?

2 TEME WAY might now be worth an estimated £588,215.

This is based on house price inflation of 62.3%, between June 2011 and February 2025, for detached 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 62.3% inflationary increase is applied to the most recent sale price for 2 TEME WAY of £362,500 on 23rd June 2011. For the value to have increased from £362,500 to £588,215 over the fourteen years and four months to February 2025, the following assumptions must hold true:

• The value of 2 TEME WAY has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The June 2011 sale price of £362,500 represented a fair market value for the property.
• The size, condition, and specification of 2 TEME WAY has not materially changed since June 2011.

How Large is 2 TEME WAY?

2 TEME WAY is 142m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the largest 30% of detached houses houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ledbury, and where 2 TEME WAY lies on this distribution: 80% of detached houses houses are smaller than 2 TEME WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

2 TEME WAY: Plot and Title Map

2 TEME WAY sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 2 TEME WAY, 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 TEME WAY). 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 TEME WAY?

2 TEME WAY is located in LEDBURY, in the HR8 postcode district. The below map shows the position of No. 2 on TEME WAY.