196, HOLME LACY ROAD, HEREFORD, HR2 6ED - £225,000

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.

196 HOLME LACY ROAD is a large extended detached house of 138m², built sometime between 1950 and 1966, which could now be worth an estimated £345,714. It was last sold for £225,000 in June 2014, which was around 21% below the average June 2014 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

196 HOLME LACY ROAD Sold Prices

Land registry data shows two sales for 196 HOLME LACY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Both of the two 196 HOLME LACY ROAD 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
2014 27 JUN	£225,000	£285,209	21% below HPI
2006 12 APR	£185,000	£261,764	29% below HPI

196 HOLME LACY ROAD 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 196 HOLME LACY ROAD sales from April 2006 and June 2014 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 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2014 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 196 HOLME LACY ROAD be worth now?

196 HOLME LACY ROAD might now be worth an estimated £345,714.

This is based on house price inflation of 53.7%, between June 2014 and March 2025, 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 53.7% inflationary increase is applied to the most recent sale price for 196 HOLME LACY ROAD of £225,000 on 27th June 2014. For the value to have increased from £225,000 to £345,714 over the eleven years and three months to March 2025, the following assumptions must hold true:

• The value of 196 HOLME LACY ROAD has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The June 2014 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 196 HOLME LACY ROAD has not materially changed since June 2014.

How Large is 196 HOLME LACY ROAD?

196 HOLME LACY ROAD is 138m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the largest 30% of detached houses houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hereford, and where 196 HOLME LACY ROAD lies on this distribution: 74% of detached houses houses are smaller than 196 HOLME LACY ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Hereford.

196 HOLME LACY ROAD: Plot and Title Map

196 HOLME LACY ROAD sits on a plot of roughly 0.217 of an acre, or 877m². The below map shows the location of 196 HOLME LACY ROAD, 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 196 HOLME LACY ROAD). 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 196 HOLME LACY ROAD?

196 HOLME LACY ROAD is located in HEREFORD, in the HR2 postcode district. The below map shows the position of No. 196 on HOLME LACY ROAD.