8, OAK CLOSE, BROMYARD, HR7 4LJ - £169,950

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.

8 OAK CLOSE is a very small semi-detached house of 53m², built sometime between 1996 and 2002, which could now be worth an estimated £233,661. It was last sold for £169,950 in August 2017, which was around 16% below the average August 2017 semi-detached price in the Herefordshire local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

8 OAK CLOSE Sold Prices

Land registry data shows two sales for 8 OAK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Herefordshire local authority area for the corresponding sale date. One of the two 8 OAK CLOSE sales was for below the average price, whilst the other 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
2017 7 AUG	£169,950	£202,573	16% below HPI
1997 30 JUN	£59,950	£57,572	4% above HPI

8 OAK CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two 8 OAK CLOSE sales from June 1997 and August 2017 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 1997 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2017 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 8 OAK CLOSE be worth now?

8 OAK CLOSE might now be worth an estimated £233,661.

This is based on house price inflation of 37.5%, between August 2017 and February 2025, for semi-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 37.5% inflationary increase is applied to the most recent sale price for 8 OAK CLOSE of £169,950 on 7th August 2017. For the value to have increased from £169,950 to £233,661 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 8 OAK CLOSE has moved in line with the HPI for semi-detached houses in the Herefordshire local authority area.
• The August 2017 sale price of £169,950 represented a fair market value for the property.
• The size, condition, and specification of 8 OAK CLOSE has not materially changed since August 2017.

How Large is 8 OAK CLOSE?

8 OAK CLOSE is 53m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of semi-detached houses houses in Bromyard, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bromyard, and where 8 OAK CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 8 OAK CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bromyard.

8 OAK CLOSE: Plot and Title Map

8 OAK CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 8 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 8 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 8 OAK CLOSE?

8 OAK CLOSE is located in BROMYARD, in the HR7 postcode district. The below map shows the position of No. 8 on OAK CLOSE.