20, VENNS LANE, HEREFORD, HR1 1DT - £285,000

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.

20 VENNS LANE is a midsized extended detached house of 112m², built sometime between 1967 and 1975, which could now be worth an estimated £362,723. It was last sold for £285,000 in July 2020, which was around 18% below the average July 2020 detached price in the Herefordshire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

20 VENNS LANE Sold Prices

Land registry data shows two sales for 20 VENNS LANE 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. One of the two 20 VENNS LANE sales was for below the average price, whilst the other was 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
2020 10 JUL	£285,000	£348,028	18% below HPI
1996 15 NOV	£95,500	£91,064	5% above HPI

20 VENNS 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 two 20 VENNS LANE sales from November 1996 and July 2020 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 November 1996 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 20 VENNS LANE be worth now?

20 VENNS LANE might now be worth an estimated £362,723.

This is based on house price inflation of 27.3%, between July 2020 and February 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 27.3% inflationary increase is applied to the most recent sale price for 20 VENNS LANE of £285,000 on 10th July 2020. For the value to have increased from £285,000 to £362,723 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 20 VENNS LANE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The July 2020 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 20 VENNS LANE has not materially changed since July 2020.

How Large is 20 VENNS LANE?

20 VENNS LANE is 112m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 50% 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 20 VENNS LANE lies on this distribution: 49% of detached houses houses are smaller than 20 VENNS LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Hereford.

20 VENNS LANE: Plot and Title Map

20 VENNS LANE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 20 VENNS 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 20 VENNS 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 20 VENNS LANE?

20 VENNS LANE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 20 on VENNS LANE.