HAPPY LAND HOUSE, WOODLEIGH ROAD, LEDBURY, HR8 2BL - £385,000

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.

HAPPY LAND HOUSE is a midsized extended detached house of 115m², built sometime between 1900 and 1929, which could now be worth an estimated £583,102. It was last sold for £385,000 in February 2015, which was around 30% above the average February 2015 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

HAPPY LAND HOUSE Sold Prices

Land registry data shows two sales for HAPPY LAND HOUSE 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. One of the two HAPPY LAND HOUSE sales was for above the average price, whilst the other was 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
2015 20 FEB	£385,000	£296,342	30% above HPI
1999 27 JUL	£113,000	£113,902	1% below HPI

HAPPY LAND HOUSE 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 HAPPY LAND HOUSE sales from July 1999 and February 2015 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 July 1999 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2015 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might HAPPY LAND HOUSE be worth now?

HAPPY LAND HOUSE might now be worth an estimated £583,102.

This is based on house price inflation of 51.5%, between February 2015 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 51.5% inflationary increase is applied to the most recent sale price for HAPPY LAND HOUSE of £385,000 on 20th February 2015. For the value to have increased from £385,000 to £583,102 over the nine years and four months to October 2025, the following assumptions must hold true:

• The value of HAPPY LAND HOUSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The February 2015 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of HAPPY LAND HOUSE has not materially changed since February 2015.

How Large is HAPPY LAND HOUSE?

HAPPY LAND HOUSE is 115m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 50% 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 HAPPY LAND HOUSE lies on this distribution: 57% of detached houses houses are smaller than HAPPY LAND HOUSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

HAPPY LAND HOUSE: Plot and Title Map

HAPPY LAND HOUSE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of HAPPY LAND HOUSE, 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 HAPPY LAND HOUSE). 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 HAPPY LAND HOUSE?

HAPPY LAND HOUSE is located on WOODLEIGH ROAD in LEDBURY, in the HR8 postcode district. The below map shows the position of HAPPY LAND HOUSE on WOODLEIGH ROAD.