8, ORCHARD RISE, LEDBURY, HR8 2GB - £283,000

8 ORCHARD RISE is a small detached house of 99m², built sometime between 2003 and 2006. It was last sold for £283,000 in March 2020, which was around 19% below the average March 2020 detached price in the Herefordshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

8 ORCHARD RISE Sold Prices

Land registry data shows three sales for 8 ORCHARD RISE 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 ORCHARD RISE 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
2020 11 MAR	£283,000	£347,683	19% below HPI
2004 3 MAR	£192,500	£227,036	15% below HPI
2003 28 JAN	£138,000	£197,821	30% below HPI

8 ORCHARD RISE 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 ORCHARD RISE sales between January 2003 and March 2020 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 March 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 8 ORCHARD RISE?

8 ORCHARD RISE is 99m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% of detached houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses by size in Ledbury, and where 8 ORCHARD RISE lies on this distribution: 39% of detached houses are smaller than 8 ORCHARD RISE, and 59% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

8 ORCHARD RISE: Plot and Title Map

8 ORCHARD RISE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 8 ORCHARD RISE, 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 ORCHARD RISE). 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 ORCHARD RISE?

8 ORCHARD RISE is located in LEDBURY, in the HR8 postcode district. The below map shows the position of No. 8 on ORCHARD RISE.