9, PRESTON BROOK CLOSE, LEDBURY, HR8 2FL - £285,000

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.

9 PRESTON BROOK CLOSE is a very small terraced house of 75m², built sometime between 1996 and 2002, which could now be worth an estimated £285,519. It was last sold for £285,000 in October 2022, which was around 38% above the average October 2022 terraced price in the Herefordshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

9 PRESTON BROOK CLOSE Sold Prices

Land registry data shows three sales for 9 PRESTON BROOK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Herefordshire local authority area for the corresponding sale date. All of the three 9 PRESTON BROOK CLOSE sales were 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
2022 12 OCT	£285,000	£206,585	38% above HPI
2006 17 NOV	£182,000	£136,414	33% above HPI
1999 27 AUG	£76,295	£49,955	53% above HPI

9 PRESTON BROOK CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Herefordshire local authority area over time, sourced from the HPI. The three 9 PRESTON BROOK CLOSE sales between August 1999 and October 2022 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 November 2006 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the October 2022 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 9 PRESTON BROOK CLOSE be worth now?

9 PRESTON BROOK CLOSE might now be worth an estimated £285,519.

This is based on house price inflation of 0.2%, between October 2022 and May 2026, for terraced 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 0.2% inflationary increase is applied to the most recent sale price for 9 PRESTON BROOK CLOSE of £285,000 on 12th October 2022. For the value to have increased from £285,000 to £285,519 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of 9 PRESTON BROOK CLOSE has moved in line with the HPI for terraced houses in the Herefordshire local authority area.
• The October 2022 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PRESTON BROOK CLOSE has not materially changed since October 2022.

How Large is 9 PRESTON BROOK CLOSE?

9 PRESTON BROOK CLOSE is 75m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of terraced houses houses in Ledbury, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ledbury, and where 9 PRESTON BROOK CLOSE lies on this distribution: 8% of terraced houses houses are smaller than 9 PRESTON BROOK CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

9 PRESTON BROOK CLOSE: Plot and Title Map

9 PRESTON BROOK CLOSE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 9 PRESTON BROOK 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 9 PRESTON BROOK 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 9 PRESTON BROOK CLOSE?

9 PRESTON BROOK CLOSE is located in LEDBURY, in the HR8 postcode district. The below map shows the position of No. 9 on PRESTON BROOK CLOSE.