4, CHESTNUT CLOSE, LEDBURY, HR8 2EP - £250,000

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.

4 CHESTNUT CLOSE is a small extended semi-detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £319,800. It was last sold for £250,000 in February 2020, which was around 17% above the average February 2020 semi-detached price in the Herefordshire local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

4 CHESTNUT CLOSE Sold Prices

Land registry data shows four sales for 4 CHESTNUT 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 4 CHESTNUT 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
2020 14 FEB	£250,000	£213,983	17% above HPI
2012 13 APR	£176,000	£162,611	8% above HPI
2000 8 AUG	£95,000	£79,339	20% above HPI
1995 13 DEC	£63,000	£53,583	18% above HPI

4 CHESTNUT 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 4 CHESTNUT CLOSE sales between December 1995 and February 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 April 2012 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2020 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 4 CHESTNUT CLOSE be worth now?

4 CHESTNUT CLOSE might now be worth an estimated £319,800.

This is based on house price inflation of 27.9%, between February 2020 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 27.9% inflationary increase is applied to the most recent sale price for 4 CHESTNUT CLOSE of £250,000 on 14th February 2020. For the value to have increased from £250,000 to £319,800 over the four years and eight months to June 2025, the following assumptions must hold true:

• The value of 4 CHESTNUT CLOSE has moved in line with the HPI for semi-detached houses in the Herefordshire local authority area.
• The February 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CHESTNUT CLOSE has not materially changed since February 2020.

How Large is 4 CHESTNUT CLOSE?

4 CHESTNUT CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% 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 4 CHESTNUT CLOSE lies on this distribution: 31% of semi-detached houses houses are smaller than 4 CHESTNUT CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

4 CHESTNUT CLOSE: Plot and Title Map

4 CHESTNUT CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 4 CHESTNUT 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 4 CHESTNUT 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 4 CHESTNUT CLOSE?

4 CHESTNUT CLOSE is located in LEDBURY, in the HR8 postcode district. The below map shows the position of No. 4 on CHESTNUT CLOSE.