3, THE FOLD, LUSTON, LEOMINSTER, HR6 0EA - £365,000

3 THE FOLD is a midsized extended detached house of 134m², built sometime between 1983 and 1990. It was last sold for £365,000 in December 2021, which was around 10% below the average December 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

3 THE FOLD Sold Prices

Land registry data shows three sales for 3 THE FOLD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. The three 3 THE FOLD 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
2021 15 DEC	£365,000	£407,431	10% below HPI
2019 23 JUL	£339,950	£339,644	Close to HPI
2016 11 OCT	£275,000	£309,415	11% below HPI

3 THE FOLD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The three 3 THE FOLD sales between October 2016 and December 2021 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 2019 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 3 THE FOLD?

3 THE FOLD is 134m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 50% of detached houses in Luston, based on EPC data. The below chart shows the distribution of detached houses by size in Luston, and where 3 THE FOLD lies on this distribution: 55% of detached houses are smaller than 3 THE FOLD, and 42% of houses are larger. Note that EPC data is not available for all properties in Luston.

3 THE FOLD: Plot and Title Map

3 THE FOLD sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 3 THE FOLD, 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 THE FOLD). 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 THE FOLD?

3 THE FOLD is located in LUSTON, in the HR6 postcode district. The below map shows the position of No. 3 on THE FOLD.