3, BLACKCAP DRIVE, HOLMER, HEREFORD, HR4 9WE - £275,000

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.

3 BLACKCAP DRIVE is a small semi-detached house of 79m², built in 2018, which could now be worth an estimated £293,405. It was last sold for £275,000 in July 2022, which was around 6% above the average July 2022 semi-detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was B, and the potential energy rating was A.

3 BLACKCAP DRIVE Sold Prices

Land registry data shows two sales for 3 BLACKCAP DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Herefordshire local authority area for the corresponding sale date. Both of the two 3 BLACKCAP DRIVE 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 26 JUL	£275,000	£259,357	6% above HPI
2018 29 MAR	£238,000	£205,975	16% above HPI

3 BLACKCAP DRIVE 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 3 BLACKCAP DRIVE sales from March 2018 and July 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 March 2018 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2022 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 3 BLACKCAP DRIVE be worth now?

3 BLACKCAP DRIVE might now be worth an estimated £293,405.

This is based on house price inflation of 6.7%, between July 2022 and May 2026, for semi-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 6.7% inflationary increase is applied to the most recent sale price for 3 BLACKCAP DRIVE of £275,000 on 26th July 2022. For the value to have increased from £275,000 to £293,405 over the four years and two months to May 2026, the following assumptions must hold true:

• The value of 3 BLACKCAP DRIVE has moved in line with the HPI for semi-detached houses in the Herefordshire local authority area.
• The July 2022 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BLACKCAP DRIVE has not materially changed since July 2022.

How Large is 3 BLACKCAP DRIVE?

3 BLACKCAP DRIVE is 79m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% of semi-detached houses in Hereford, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Hereford, and where 3 BLACKCAP DRIVE lies on this distribution: 34% of semi-detached houses are smaller than 3 BLACKCAP DRIVE, and 63% of semi-detached houses are larger. Note that EPC data is not available for all properties in Hereford.

Where is 3 BLACKCAP DRIVE?

3 BLACKCAP DRIVE is located in HOLMER, in the HR4 postcode district.