3, GOODWIN WAY, HEREFORD, HR2 6RA - £107,500

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.

3 GOODWIN WAY is a very small terraced house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £183,200. It was last sold for £107,500 in March 2012, which was around 14% below the average March 2012 terraced price in the Herefordshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

3 GOODWIN WAY Sold Prices

Land registry data shows six sales for 3 GOODWIN WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Herefordshire local authority area for the corresponding sale date. The six 3 GOODWIN WAY sales were a mix of below the average price, and roughly equal to 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
2012 23 MAR	£107,500	£125,549	14% below HPI
2006 3 MAR	£120,000	£127,902	6% below HPI
2004 17 SEP	£112,500	£120,175	6% below HPI
2003 25 APR	£84,750	£85,751	1% below HPI
2002 22 MAR	£65,000	£65,294	Close to HPI
1999 15 JUN	£45,000	£48,395	7% below HPI

3 GOODWIN WAY 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 six 3 GOODWIN WAY sales between June 1999 and March 2012 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 March 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2012 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 3 GOODWIN WAY be worth now?

3 GOODWIN WAY might now be worth an estimated £183,200.

This is based on house price inflation of 70.4%, between March 2012 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 70.4% inflationary increase is applied to the most recent sale price for 3 GOODWIN WAY of £107,500 on 23rd March 2012. For the value to have increased from £107,500 to £183,200 over the twelve years and five months to October 2025, the following assumptions must hold true:

• The value of 3 GOODWIN WAY has moved in line with the HPI for terraced houses in the Herefordshire local authority area.
• The March 2012 sale price of £107,500 represented a fair market value for the property.
• The size, condition, and specification of 3 GOODWIN WAY has not materially changed since March 2012.

How Large is 3 GOODWIN WAY?

3 GOODWIN WAY is 54m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% 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 3 GOODWIN WAY lies on this distribution: 1% of terraced houses houses are smaller than 3 GOODWIN WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Hereford.

3 GOODWIN WAY: Plot and Title Map

3 GOODWIN WAY sits on a plot of roughly 0.020 of an acre, or 81m². The below map shows the location of 3 GOODWIN 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 3 GOODWIN 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 3 GOODWIN WAY?

3 GOODWIN WAY is located in HEREFORD, in the HR2 postcode district. The below map shows the position of No. 3 on GOODWIN WAY.