5, HEREFORD ROAD, LEOMINSTER, HR6 8JS - £225,000

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.

5 HEREFORD ROAD is a very small extended terraced house of 73m², built sometime between 1930 and 1949, which could now be worth an estimated £233,031. It was last sold for £225,000 in October 2022, which was around 9% above the average October 2022 terraced price in the Herefordshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was C.

5 HEREFORD ROAD Sold Prices

Land registry data shows three sales for 5 HEREFORD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Herefordshire local authority area for the corresponding sale date. Two of the three 5 HEREFORD ROAD sales were for above the average price, whilst one was 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 28 OCT	£225,000	£206,585	9% above HPI
2011 29 DEC	£145,000	£126,345	15% above HPI
2011 15 APR	£92,500	£132,174	30% below HPI

5 HEREFORD ROAD 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 three 5 HEREFORD ROAD sales between April 2011 and October 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 2011 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2022 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 5 HEREFORD ROAD be worth now?

5 HEREFORD ROAD might now be worth an estimated £233,031.

This is based on house price inflation of 3.6%, between October 2022 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 3.6% inflationary increase is applied to the most recent sale price for 5 HEREFORD ROAD of £225,000 on 28th October 2022. For the value to have increased from £225,000 to £233,031 over the three years to October 2025, the following assumptions must hold true:

• The value of 5 HEREFORD ROAD has moved in line with the HPI for terraced houses in the Herefordshire local authority area.
• The October 2022 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HEREFORD ROAD has not materially changed since October 2022.

How Large is 5 HEREFORD ROAD?

5 HEREFORD ROAD is 73m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of terraced houses houses in Leominster, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Leominster, and where 5 HEREFORD ROAD lies on this distribution: 17% of terraced houses houses are smaller than 5 HEREFORD ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Leominster.

5 HEREFORD ROAD: Plot and Title Map

5 HEREFORD ROAD sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 5 HEREFORD ROAD, 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 5 HEREFORD ROAD). 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 5 HEREFORD ROAD?

5 HEREFORD ROAD is located in LEOMINSTER, in the HR6 postcode district. The below map shows the position of No. 5 on HEREFORD ROAD.