BELVES, LITTLE MARCLE ROAD, LEDBURY, HR8 2DS - £265,000

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.

BELVES is a very small detached house of 58m², which could now be worth an estimated £321,312. It was last sold for £265,000 in June 2021, which was around 28% below the average June 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was November 2020, where the current energy rating was B, and the potential energy rating was A.

BELVES Sold Prices

Land registry data shows two sales for BELVES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Both of the two BELVES 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
2021 25 JUN	£265,000	£370,166	28% below HPI
2016 23 JUN	£85,000	£312,836	73% below HPI

BELVES 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 two BELVES sales from June 2016 and June 2021 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 2016 sale was for 73% below the HPI. So the extrapolation line tracks at 73% below the HPI over time, until the June 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might BELVES be worth now?

BELVES might now be worth an estimated £321,312.

This is based on house price inflation of 21.2%, between June 2021 and October 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 21.2% inflationary increase is applied to the most recent sale price for BELVES of £265,000 on 25th June 2021. For the value to have increased from £265,000 to £321,312 over the three years and eight months to October 2025, the following assumptions must hold true:

• The value of BELVES has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The June 2021 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of BELVES has not materially changed since June 2021.

How Large is BELVES?

BELVES is 58m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% of detached houses houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ledbury, and where BELVES lies on this distribution: 2% of detached houses houses are smaller than BELVES, and 98% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

BELVES: Plot and Title Map

BELVES sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of BELVES, 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 BELVES). 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 BELVES?

BELVES is located on LITTLE MARCLE ROAD in LEDBURY, in the HR8 postcode district. The below map shows the position of BELVES on LITTLE MARCLE ROAD.