TIMAEUS, RYELANDS ROAD, LEOMINSTER, HR6 8NZ - £440,000

TIMAEUS is a very large extended detached house of 198m², built sometime between 1930 and 1949. It was last sold for £440,000 in November 2022, which was around 3% below the average November 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

TIMAEUS Sold Prices

Land registry data shows four sales for TIMAEUS 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. Most of the four TIMAEUS sales were 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
2022 25 NOV	£440,000	£455,556	3% below HPI
2011 5 SEP	£306,000	£269,920	13% above HPI
2004 2 JUL	£210,000	£249,186	16% below HPI
2001 30 AUG	£93,100	£145,598	36% below HPI

TIMAEUS 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 TIMAEUS sales between August 2001 and November 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 September 2011 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is TIMAEUS?

TIMAEUS is 198m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses in Leominster, based on EPC data. The below chart shows the distribution of detached houses by size in Leominster, and where TIMAEUS lies on this distribution: 97% of detached houses are smaller than TIMAEUS, and 2% of houses are larger. Note that EPC data is not available for all properties in Leominster.

TIMAEUS: Plot and Title Map

TIMAEUS sits on a plot of roughly 0.178 of an acre, or 719m². The below map shows the location of TIMAEUS, 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 TIMAEUS). 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 TIMAEUS?

TIMAEUS is located on RYELANDS ROAD in LEOMINSTER, in the HR6 postcode district. The below map shows the position of TIMAEUS on RYELANDS ROAD.