8, LACY WAY, LEOMINSTER, HR6 9AY - £160,000

8 LACY WAY is a very small extended detached house of 71m², built sometime between 1967 and 1975. It was last sold for £160,000 in May 2013, which was around 40% below the average May 2013 detached price in the Herefordshire local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

8 LACY WAY Sold Prices

Land registry data shows three sales for 8 LACY WAY 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. All of the three 8 LACY 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
2013 22 MAY	£160,000	£267,163	40% below HPI
2006 12 JUN	£135,000	£260,224	48% below HPI
1997 24 OCT	£51,000	£97,872	48% below HPI

8 LACY 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 three 8 LACY WAY sales between October 1997 and May 2013 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 2006 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the May 2013 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 8 LACY WAY?

8 LACY WAY is 71m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% of detached houses in Leominster, based on EPC data. The below chart shows the distribution of detached houses by size in Leominster, and where 8 LACY WAY lies on this distribution: 16% of detached houses are smaller than 8 LACY WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Leominster.

8 LACY WAY: Plot and Title Map

8 LACY WAY sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 8 LACY 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 8 LACY 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 8 LACY WAY?

8 LACY WAY is located in LEOMINSTER, in the HR6 postcode district. The below map shows the position of No. 8 on LACY WAY.