4, PEAR TREE CLOSE, BROMYARD, HR7 4BH - £228,000

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 PEAR TREE CLOSE is a very small detached house of 54m², built sometime between 1967 and 1975, which could now be worth an estimated £236,589. It was last sold for £228,000 in March 2022, which was around 45% below the average March 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was A.

4 PEAR TREE CLOSE Sold Prices

Land registry data shows five sales for 4 PEAR TREE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the five 4 PEAR TREE CLOSE sales were for below 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
2022 21 MAR	£228,000	£413,021	45% below HPI
2008 5 DEC	£175,000	£258,305	32% below HPI
2002 8 FEB	£87,500	£154,878	44% below HPI
1996 25 OCT	£60,000	£91,610	35% below HPI
1995 10 MAR	£48,250	£86,670	44% below HPI

4 PEAR TREE CLOSE 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 five 4 PEAR TREE CLOSE sales between March 1995 and March 2022 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 December 2008 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2022 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 4 PEAR TREE CLOSE be worth now?

4 PEAR TREE CLOSE might now be worth an estimated £236,589.

This is based on house price inflation of 3.8%, between March 2022 and March 2026, for 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 3.8% inflationary increase is applied to the most recent sale price for 4 PEAR TREE CLOSE of £228,000 on 21st March 2022. For the value to have increased from £228,000 to £236,589 over the four years to March 2026, the following assumptions must hold true:

• The value of 4 PEAR TREE CLOSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The March 2022 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PEAR TREE CLOSE has not materially changed since March 2022.

How Large is 4 PEAR TREE CLOSE?

4 PEAR TREE CLOSE is 54m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses houses in Bromyard, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromyard, and where 4 PEAR TREE CLOSE lies on this distribution: 3% of detached houses houses are smaller than 4 PEAR TREE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Bromyard.

4 PEAR TREE CLOSE: Plot and Title Map

4 PEAR TREE CLOSE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 4 PEAR TREE 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 PEAR TREE 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 PEAR TREE CLOSE?

4 PEAR TREE CLOSE is located in BROMYARD, in the HR7 postcode district. The below map shows the position of No. 4 on PEAR TREE CLOSE.