SUMMERHAYES, MUCH MARCLE, LEDBURY, HR8 2LY - £380,000

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.

SUMMERHAYES is a large extended detached house of 154m², built sometime between 1976 and 1982, which could now be worth an estimated £641,864. It was last sold for £380,000 in April 2013, which was around 44% above the average April 2013 detached price in the Herefordshire local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

SUMMERHAYES Sold Prices

Land registry data shows four sales for SUMMERHAYES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the four SUMMERHAYES 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
2013 19 APR	£380,000	£264,044	44% above HPI
2011 23 MAR	£415,000	£276,825	50% above HPI
2006 24 OCT	£385,000	£278,444	38% above HPI
2002 1 OCT	£290,000	£187,100	55% above HPI

SUMMERHAYES 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 four SUMMERHAYES sales between October 2002 and April 2013 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 2011 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the April 2013 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might SUMMERHAYES be worth now?

SUMMERHAYES might now be worth an estimated £641,864.

This is based on house price inflation of 68.9%, between April 2013 and July 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 68.9% inflationary increase is applied to the most recent sale price for SUMMERHAYES of £380,000 on 19th April 2013. For the value to have increased from £380,000 to £641,864 over the twelve years and nine months to July 2026, the following assumptions must hold true:

• The value of SUMMERHAYES has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The April 2013 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of SUMMERHAYES has not materially changed since April 2013.

How Large is SUMMERHAYES?

SUMMERHAYES is 154m², which includes two extensions, according to the EPC inspection conducted in February 2011. This puts it in the largest 40% of detached houses houses in Much Marcle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Much Marcle, and where SUMMERHAYES lies on this distribution: 63% of detached houses houses are smaller than SUMMERHAYES, and 38% of houses are larger. Note that EPC data is not available for all properties in Much Marcle.

SUMMERHAYES: Plot and Title Map

SUMMERHAYES sits on a plot of roughly 0.537 of an acre, or 2,173m². The below map shows the location of SUMMERHAYES, 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 SUMMERHAYES). 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 SUMMERHAYES?

SUMMERHAYES is located in MUCH MARCLE, in the HR8 postcode district. The below map shows the position of SUMMERHAYES in MUCH MARCLE.