4, VIKING WAY, LEDBURY, HR8 2DU - £202,500

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.

4 VIKING WAY is a very small detached house of 57m², built sometime between 1983 and 1990, which could now be worth an estimated £232,884. It was last sold for £202,500 in November 2020, which was around 46% below the average November 2020 detached price in the Herefordshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

4 VIKING WAY Sold Prices

Land registry data shows six sales for 4 VIKING WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the six 4 VIKING WAY 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
2020 9 NOV	£202,500	£378,074	46% below HPI
2017 18 SEP	£168,000	£332,361	49% below HPI
2001 17 AUG	£73,000	£147,623	51% below HPI
1999 12 OCT	£58,000	£121,865	52% below HPI
1999 13 AUG	£55,800	£116,853	52% below HPI
1995 18 SEP	£52,995	£89,417	41% below HPI

4 VIKING WAY 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 six 4 VIKING WAY sales between September 1995 and November 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 September 2017 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the November 2020 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 4 VIKING WAY be worth now?

4 VIKING WAY might now be worth an estimated £232,884.

This is based on house price inflation of 15%, between November 2020 and June 2025, 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 15% inflationary increase is applied to the most recent sale price for 4 VIKING WAY of £202,500 on 9th November 2020. For the value to have increased from £202,500 to £232,884 over the five years and five months to June 2025, the following assumptions must hold true:

• The value of 4 VIKING WAY has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The November 2020 sale price of £202,500 represented a fair market value for the property.
• The size, condition, and specification of 4 VIKING WAY has not materially changed since November 2020.

How Large is 4 VIKING WAY?

4 VIKING WAY is 57m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ledbury, and where 4 VIKING WAY lies on this distribution: 1% of detached houses houses are smaller than 4 VIKING WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

4 VIKING WAY: Plot and Title Map

4 VIKING WAY sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 4 VIKING 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 4 VIKING 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 4 VIKING WAY?

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