1, GRASMERE CLOSE, HEREFORD, HR4 0LR - £249,950

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.

1 GRASMERE CLOSE is a small detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £302,407. It was last sold for £249,950 in May 2021, which was around 32% below the average May 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

1 GRASMERE CLOSE Sold Prices

Land registry data shows one sale for 1 GRASMERE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 19 MAY	£249,950	£365,629	32% below HPI

What might 1 GRASMERE CLOSE be worth now?

1 GRASMERE CLOSE might now be worth an estimated £302,407.

This is based on house price inflation of 21%, between May 2021 and May 2026, 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% inflationary increase is applied to the most recent sale price for 1 GRASMERE CLOSE of £249,950 on 19th May 2021. For the value to have increased from £249,950 to £302,407 over the five years to May 2026, the following assumptions must hold true:

• The value of 1 GRASMERE CLOSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The May 2021 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 1 GRASMERE CLOSE has not materially changed since May 2021.

How Large is 1 GRASMERE CLOSE?

1 GRASMERE CLOSE is 96m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 40% of detached houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses by size in Hereford, and where 1 GRASMERE CLOSE lies on this distribution: 30% of detached houses are smaller than 1 GRASMERE CLOSE, and 69% of detached houses are larger. Note that EPC data is not available for all properties in Hereford.

1 GRASMERE CLOSE: Plot

1 GRASMERE CLOSE sits on a plot of roughly 0.087 of an acre, or 352m².

Where is 1 GRASMERE CLOSE?

1 GRASMERE CLOSE is located in HEREFORD, in the HR4 postcode district.