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

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

20 VENNS LANE is a midsized extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £285,000 in July 2020, which was around 17% 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	£343,253	17% below HPI
1996 15 NOV	£95,500	£89,815	6% 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 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

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 in Hereford, based on EPC data. The below chart shows the distribution of detached houses by size in Hereford, and where 20 VENNS LANE lies on this distribution: 49% of detached 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.