7, NEWSTEAD CLOSE, HEREFORD, HR1 1DL - £320,000

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.

7 NEWSTEAD CLOSE is a large extended detached house of 140m², built sometime between 1967 and 1975, which could now be worth an estimated £430,512. It was last sold for £320,000 in January 2018, which was around 4% below the average January 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

7 NEWSTEAD CLOSE Sold Prices

Land registry data shows three sales for 7 NEWSTEAD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Two of the three 7 NEWSTEAD CLOSE sales were for below the average price, whilst one was for above 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
2018 22 JAN	£320,000	£333,612	4% below HPI
2001 14 DEC	£80,000	£156,174	49% below HPI
1995 5 MAY	£125,000	£88,628	41% above HPI

7 NEWSTEAD 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 three 7 NEWSTEAD CLOSE sales between May 1995 and January 2018 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 2001 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the January 2018 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 7 NEWSTEAD CLOSE be worth now?

7 NEWSTEAD CLOSE might now be worth an estimated £430,512.

This is based on house price inflation of 34.5%, between January 2018 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 34.5% inflationary increase is applied to the most recent sale price for 7 NEWSTEAD CLOSE of £320,000 on 22nd January 2018. For the value to have increased from £320,000 to £430,512 over the six years and three months to October 2025, the following assumptions must hold true:

• The value of 7 NEWSTEAD CLOSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The January 2018 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 7 NEWSTEAD CLOSE has not materially changed since January 2018.

How Large is 7 NEWSTEAD CLOSE?

7 NEWSTEAD CLOSE is 140m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 30% 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 7 NEWSTEAD CLOSE lies on this distribution: 75% of detached houses houses are smaller than 7 NEWSTEAD CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Hereford.

7 NEWSTEAD CLOSE: Plot and Title Map

7 NEWSTEAD CLOSE sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 7 NEWSTEAD 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 7 NEWSTEAD 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 7 NEWSTEAD CLOSE?

7 NEWSTEAD CLOSE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 7 on NEWSTEAD CLOSE.