7, LOWER LEYS WAY, LEOMINSTER, HR6 0SS - £249,995

7 LOWER LEYS WAY is a large extended detached house of 120m², built sometime from 2007 onwards. It was last sold for £249,995 in June 2019, which was around 25% below the average June 2019 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

7 LOWER LEYS WAY Sold Prices

Land registry data shows two sales for 7 LOWER LEYS WAY 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 7 LOWER LEYS 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
2019 13 JUN	£249,995	£333,713	25% below HPI
2008 28 FEB	£225,000	£282,028	20% below HPI

7 LOWER LEYS 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 two 7 LOWER LEYS WAY sales from February 2008 and June 2019 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 February 2008 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 7 LOWER LEYS WAY?

7 LOWER LEYS WAY is 120m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the largest 30% of detached houses in Leominster, based on EPC data. The below chart shows the distribution of detached houses by size in Leominster, and where 7 LOWER LEYS WAY lies on this distribution: 71% of detached houses are smaller than 7 LOWER LEYS WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Leominster.

7 LOWER LEYS WAY: Plot and Title Map

7 LOWER LEYS WAY sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 7 LOWER LEYS 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 7 LOWER LEYS 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 7 LOWER LEYS WAY?

7 LOWER LEYS WAY is located in LEOMINSTER, in the HR6 postcode district. The below map shows the position of No. 7 on LOWER LEYS WAY.