2, LYDE STREET, HEREFORD, HR4 9PH - £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.

2 LYDE STREET is a small extended semi-detached house of 92m², built sometime between 1900 and 1929, which could now be worth an estimated £302,843. It was last sold for £275,000 in February 2022, which was around 9% above the average February 2022 semi-detached price in the Herefordshire local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

2 LYDE STREET Sold Prices

Land registry data shows five sales for 2 LYDE STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Herefordshire local authority area for the corresponding sale date. Most of the five 2 LYDE STREET 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 4 FEB	£275,000	£252,908	9% above HPI
2020 16 JUN	£200,000	£216,096	7% below HPI
2007 20 APR	£205,000	£181,615	13% above HPI
2002 18 JUL	£126,500	£100,921	25% above HPI
1996 1 AUG	£60,000	£54,099	11% above HPI

2 LYDE STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Herefordshire local authority area over time, sourced from the HPI. The five 2 LYDE STREET sales between August 1996 and February 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 June 2020 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2022 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 LYDE STREET be worth now?

2 LYDE STREET might now be worth an estimated £302,843.

This is based on house price inflation of 10.1%, between February 2022 and February 2025, 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 10.1% inflationary increase is applied to the most recent sale price for 2 LYDE STREET of £275,000 on 4th February 2022. For the value to have increased from £275,000 to £302,843 over the three years to February 2025, the following assumptions must hold true:

• The value of 2 LYDE STREET has moved in line with the HPI for semi-detached houses in the Herefordshire local authority area.
• The February 2022 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LYDE STREET has not materially changed since February 2022.

How Large is 2 LYDE STREET?

2 LYDE STREET is 92m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 30% of semi-detached houses houses in Hereford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hereford, and where 2 LYDE STREET lies on this distribution: 26% of semi-detached houses houses are smaller than 2 LYDE STREET, and 73% of houses are larger. Note that EPC data is not available for all properties in Hereford.

2 LYDE STREET: Plot and Title Map

2 LYDE STREET sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 2 LYDE STREET, 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 2 LYDE STREET). 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 2 LYDE STREET?

2 LYDE STREET is located in HEREFORD, in the HR4 postcode district. The below map shows the position of No. 2 on LYDE STREET.