PADDINGS, NEW STREET, LEDBURY, HR8 2EE - £525,000

PADDINGS is a very large extended detached house of 155m², built sometime between 1967 and 1975. It was last sold for £525,000 in December 2020, which was around 38% above the average December 2020 detached price in the Herefordshire local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

PADDINGS Sold Prices

Land registry data shows three sales for PADDINGS 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 PADDINGS 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
2020 16 DEC	£525,000	£381,787	38% above HPI
2018 27 APR	£460,000	£334,388	38% above HPI
2007 18 MAY	£349,950	£290,056	21% above HPI

PADDINGS 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 PADDINGS sales between May 2007 and December 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 April 2018 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the December 2020 sale, which was also at 38% above the HPI.

How Large is PADDINGS?

PADDINGS is 155m², which includes two extensions, according to the EPC inspection conducted in November 2017. This puts it in the largest 20% of detached houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses by size in Ledbury, and where PADDINGS lies on this distribution: 88% of detached houses are smaller than PADDINGS, and 12% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

PADDINGS: Plot and Title Map

PADDINGS sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of PADDINGS, 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 PADDINGS). 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 PADDINGS?

PADDINGS is located on NEW STREET in LEDBURY, in the HR8 postcode district. The below map shows the position of PADDINGS on NEW STREET.