2, PANNIERS LANE, FLAGGONERS GREEN, BROMYARD, HR7 4QR - £308,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 PANNIERS LANE is a very large detached house of 144m². It was last sold for £308,000 in February 2021, which was around 16% below the average February 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was February 2017, where the current energy rating was B, and the potential energy rating was A.

2 PANNIERS LANE Sold Prices

Land registry data shows three sales for 2 PANNIERS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the three 2 PANNIERS LANE 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
2021 4 FEB	£308,000	£365,002	16% below HPI
2017 12 OCT	£276,000	£328,910	16% below HPI
2014 12 SEP	£152,000	£288,779	47% below HPI

2 PANNIERS LANE 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 three 2 PANNIERS LANE sales between September 2014 and February 2021 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 October 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2021 sale, which was also at 16% below the HPI.

How Large is 2 PANNIERS LANE?

2 PANNIERS LANE is 144m² according to the EPC inspection conducted in February 2017. This puts it in the largest 20% of detached houses in Bromyard, based on EPC data. The below chart shows the distribution of detached houses by size in Bromyard, and where 2 PANNIERS LANE lies on this distribution: 88% of detached houses are smaller than 2 PANNIERS LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Bromyard.

2 PANNIERS LANE: Plot and Title Map

2 PANNIERS LANE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 2 PANNIERS LANE, 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 PANNIERS LANE). 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 PANNIERS LANE?

2 PANNIERS LANE is located in FLAGGONERS GREEN, in the HR7 postcode district. The below map shows the position of No. 2 on PANNIERS LANE.