28, OLDFIELDS CLOSE, LEOMINSTER, HR6 8TL - £172,000

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.

28 OLDFIELDS CLOSE is a very small extended terraced house of 70m², built sometime between 1991 and 1995, which could now be worth an estimated £249,257. It was last sold for £172,000 in March 2017, which was around 19% above the average March 2017 terraced price in the Herefordshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

28 OLDFIELDS CLOSE Sold Prices

Land registry data shows two sales for 28 OLDFIELDS CLOSE 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 28 OLDFIELDS CLOSE 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
2017 23 MAR	£172,000	£144,669	19% above HPI
2005 24 JUN	£160,000	£119,819	34% above HPI

28 OLDFIELDS CLOSE 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 28 OLDFIELDS CLOSE sales from June 2005 and March 2017 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 2005 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the March 2017 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 28 OLDFIELDS CLOSE be worth now?

28 OLDFIELDS CLOSE might now be worth an estimated £249,257.

This is based on house price inflation of 44.9%, between March 2017 and April 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 44.9% inflationary increase is applied to the most recent sale price for 28 OLDFIELDS CLOSE of £172,000 on 23rd March 2017. For the value to have increased from £172,000 to £249,257 over the eight years and eleven months to April 2026, the following assumptions must hold true:

• The value of 28 OLDFIELDS CLOSE has moved in line with the HPI for terraced houses in the Herefordshire local authority area.
• The March 2017 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 28 OLDFIELDS CLOSE has not materially changed since March 2017.

How Large is 28 OLDFIELDS CLOSE?

28 OLDFIELDS CLOSE is 70m², which includes three extensions, according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of terraced houses houses in Leominster, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Leominster, and where 28 OLDFIELDS CLOSE lies on this distribution: 15% of terraced houses houses are smaller than 28 OLDFIELDS CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Leominster.

28 OLDFIELDS CLOSE: Plot and Title Map

28 OLDFIELDS CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 28 OLDFIELDS 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 28 OLDFIELDS 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 28 OLDFIELDS CLOSE?

28 OLDFIELDS CLOSE is located in LEOMINSTER, in the HR6 postcode district. The below map shows the position of No. 28 on OLDFIELDS CLOSE.