5, SHIPTON CLOSE, HEREFORD, HR4 0RZ - £370,000

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 SHIPTON CLOSE is a small detached house of 104m², built sometime between 1976 and 1982, which could now be worth an estimated £400,334. It was last sold for £370,000 in May 2022, which was around 11% below the average May 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

5 SHIPTON CLOSE Sold Prices

Land registry data shows two sales for 5 SHIPTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Both of the two 5 SHIPTON 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 6 MAY	£370,000	£414,817	11% below HPI
2012 19 JUN	£223,000	£276,793	19% below HPI

5 SHIPTON 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 two 5 SHIPTON CLOSE sales from June 2012 and May 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 June 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 5 SHIPTON CLOSE be worth now?

5 SHIPTON CLOSE might now be worth an estimated £400,334.

This is based on house price inflation of 8.2%, between May 2022 and October 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 8.2% inflationary increase is applied to the most recent sale price for 5 SHIPTON CLOSE of £370,000 on 6th May 2022. For the value to have increased from £370,000 to £400,334 over the two years and seven months to October 2025, the following assumptions must hold true:

• The value of 5 SHIPTON CLOSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The May 2022 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SHIPTON CLOSE has not materially changed since May 2022.

How Large is 5 SHIPTON CLOSE?

5 SHIPTON CLOSE is 104m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 40% of detached houses houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hereford, and where 5 SHIPTON CLOSE lies on this distribution: 38% of detached houses houses are smaller than 5 SHIPTON CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Hereford.

5 SHIPTON CLOSE: Plot and Title Map

5 SHIPTON CLOSE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 5 SHIPTON 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 5 SHIPTON 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 5 SHIPTON CLOSE?

5 SHIPTON CLOSE is located in HEREFORD, in the HR4 postcode district. The below map shows the position of No. 5 on SHIPTON CLOSE.