29, PENN GROVE ROAD, HEREFORD, HR1 1BH - £240,000

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.

29 PENN GROVE ROAD is a large extended terraced house of 136m², built sometime between 1900 and 1929, which could now be worth an estimated £285,099. It was last sold for £240,000 in December 2020, which was around 36% above the average December 2020 terraced price in the Herefordshire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was C.

29 PENN GROVE ROAD Sold Prices

Land registry data shows two sales for 29 PENN GROVE ROAD 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 29 PENN GROVE ROAD 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
2020 14 DEC	£240,000	£177,007	36% above HPI
2018 23 JUL	£255,620	£160,141	60% above HPI

29 PENN GROVE ROAD 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 29 PENN GROVE ROAD sales from July 2018 and December 2020 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 2018 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the December 2020 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 29 PENN GROVE ROAD be worth now?

29 PENN GROVE ROAD might now be worth an estimated £285,099.

This is based on house price inflation of 18.8%, between December 2020 and July 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 18.8% inflationary increase is applied to the most recent sale price for 29 PENN GROVE ROAD of £240,000 on 14th December 2020. For the value to have increased from £240,000 to £285,099 over the five years and five months to July 2025, the following assumptions must hold true:

• The value of 29 PENN GROVE ROAD has moved in line with the HPI for terraced houses in the Herefordshire local authority area.
• The December 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 29 PENN GROVE ROAD has not materially changed since December 2020.

How Large is 29 PENN GROVE ROAD?

29 PENN GROVE ROAD is 136m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 30% 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 29 PENN GROVE ROAD lies on this distribution: 73% of terraced houses houses are smaller than 29 PENN GROVE ROAD, and 27% of houses are larger. Note that EPC data is not available for all properties in Hereford.

29 PENN GROVE ROAD: Plot and Title Map

29 PENN GROVE ROAD sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 29 PENN GROVE ROAD, 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 29 PENN GROVE ROAD). 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 29 PENN GROVE ROAD?

29 PENN GROVE ROAD is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 29 on PENN GROVE ROAD.