22, TARGET CLOSE, LEDBURY, HR8 2LR - £179,000

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.

22 TARGET CLOSE is a very small extended semi-detached house of 71m², built sometime between 1991 and 1995, which could now be worth an estimated £255,386. It was last sold for £179,000 in July 2016, which was around 7% below the average July 2016 semi-detached price in the Herefordshire local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

22 TARGET CLOSE Sold Prices

Land registry data shows four sales for 22 TARGET CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Herefordshire local authority area for the corresponding sale date. All of the four 22 TARGET CLOSE 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
2016 18 JUL	£179,000	£191,855	7% below HPI
2012 25 MAY	£152,000	£167,046	9% below HPI
2004 28 MAY	£132,000	£149,401	12% below HPI
1998 16 DEC	£59,000	£63,563	7% below HPI

22 TARGET CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Herefordshire local authority area over time, sourced from the HPI. The four 22 TARGET CLOSE sales between December 1998 and July 2016 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 May 2012 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2016 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 22 TARGET CLOSE be worth now?

22 TARGET CLOSE might now be worth an estimated £255,386.

This is based on house price inflation of 42.7%, between July 2016 and June 2025, for semi-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 42.7% inflationary increase is applied to the most recent sale price for 22 TARGET CLOSE of £179,000 on 18th July 2016. For the value to have increased from £179,000 to £255,386 over the nine years and one month to June 2025, the following assumptions must hold true:

• The value of 22 TARGET CLOSE has moved in line with the HPI for semi-detached houses in the Herefordshire local authority area.
• The July 2016 sale price of £179,000 represented a fair market value for the property.
• The size, condition, and specification of 22 TARGET CLOSE has not materially changed since July 2016.

How Large is 22 TARGET CLOSE?

22 TARGET CLOSE is 71m², which includes two extensions, according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% of semi-detached houses houses in Ledbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ledbury, and where 22 TARGET CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 22 TARGET CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

22 TARGET CLOSE: Plot and Title Map

22 TARGET CLOSE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 22 TARGET CLOSE, 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 22 TARGET CLOSE). 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 22 TARGET CLOSE?

22 TARGET CLOSE is located in LEDBURY, in the HR8 postcode district. The below map shows the position of No. 22 on TARGET CLOSE.