2, WALNUT TREE AVENUE, HEREFORD, HR2 7JT - £160,000

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 WALNUT TREE AVENUE is a small terraced house of 98m², built sometime between 1930 and 1949, which could now be worth an estimated £254,304. It was last sold for £160,000 in May 2014, which was around 19% above the average May 2014 terraced price in the Herefordshire local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

2 WALNUT TREE AVENUE Sold Prices

Land registry data shows three sales for 2 WALNUT TREE AVENUE 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 WALNUT TREE AVENUE 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
2014 16 MAY	£160,000	£134,616	19% above HPI
2006 14 AUG	£142,000	£130,795	9% above HPI
1996 30 APR	£53,000	£39,252	35% above HPI

2 WALNUT TREE AVENUE 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 WALNUT TREE AVENUE sales between April 1996 and May 2014 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 August 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2014 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 2 WALNUT TREE AVENUE be worth now?

2 WALNUT TREE AVENUE might now be worth an estimated £254,304.

This is based on house price inflation of 58.9%, between May 2014 and October 2025, 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 58.9% inflationary increase is applied to the most recent sale price for 2 WALNUT TREE AVENUE of £160,000 on 16th May 2014. For the value to have increased from £160,000 to £254,304 over the ten years and seven months to October 2025, the following assumptions must hold true:

• The value of 2 WALNUT TREE AVENUE has moved in line with the HPI for terraced houses in the Herefordshire local authority area.
• The May 2014 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WALNUT TREE AVENUE has not materially changed since May 2014.

How Large is 2 WALNUT TREE AVENUE?

2 WALNUT TREE AVENUE is 98m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 40% of terraced houses houses in Hereford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hereford, and where 2 WALNUT TREE AVENUE lies on this distribution: 33% of terraced houses houses are smaller than 2 WALNUT TREE AVENUE, and 67% of houses are larger. Note that EPC data is not available for all properties in Hereford.

2 WALNUT TREE AVENUE: Plot and Title Map

2 WALNUT TREE AVENUE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 2 WALNUT TREE AVENUE, 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 WALNUT TREE AVENUE). 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 WALNUT TREE AVENUE?

2 WALNUT TREE AVENUE is located in HEREFORD, in the HR2 postcode district. The below map shows the position of No. 2 on WALNUT TREE AVENUE.