7, OAK CLOSE, BROMYARD, HR7 4LJ - £229,950

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 OAK CLOSE is a very small detached house of 54m², built sometime between 1996 and 2002, which could now be worth an estimated £234,060. It was last sold for £229,950 in February 2024, which was around 47% below the average February 2024 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

7 OAK CLOSE Sold Prices

Land registry data shows four sales for 7 OAK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the four 7 OAK 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
2024 15 FEB	£229,950	£430,531	47% below HPI
2017 13 DEC	£162,000	£332,144	51% below HPI
2013 18 APR	£145,000	£264,044	45% below HPI
1997 31 OCT	£64,000	£99,233	36% below HPI

7 OAK 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 four 7 OAK CLOSE sales between October 1997 and February 2024 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 2017 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the February 2024 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 7 OAK CLOSE be worth now?

7 OAK CLOSE might now be worth an estimated £234,060.

This is based on house price inflation of 1.8%, between February 2024 and March 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 1.8% inflationary increase is applied to the most recent sale price for 7 OAK CLOSE of £229,950 on 15th February 2024. For the value to have increased from £229,950 to £234,060 over the eleven months to March 2025, the following assumptions must hold true:

• The value of 7 OAK CLOSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The February 2024 sale price of £229,950 represented a fair market value for the property.
• The size, condition, and specification of 7 OAK CLOSE has not materially changed since February 2024.

How Large is 7 OAK CLOSE?

7 OAK CLOSE is 54m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of detached houses houses in Bromyard, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromyard, and where 7 OAK CLOSE lies on this distribution: 3% of detached houses houses are smaller than 7 OAK CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Bromyard.

7 OAK CLOSE: Plot and Title Map

7 OAK CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 7 OAK 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 OAK 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 OAK CLOSE?

7 OAK CLOSE is located in BROMYARD, in the HR7 postcode district. The below map shows the position of No. 7 on OAK CLOSE.