23, HOME LANE, HEREFORD, HR2 7LT - £110,000

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.

23 HOME LANE is a very small extended detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £298,556. It was last sold for £110,000 in May 2002, which was around 33% below the average May 2002 detached price in the Herefordshire local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

23 HOME LANE Sold Prices

Land registry data shows two sales for 23 HOME 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. Both of the two 23 HOME 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
2002 24 MAY	£110,000	£163,197	33% below HPI
1995 8 DEC	£55,750	£88,923	37% below HPI

23 HOME 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 23 HOME LANE sales from December 1995 and May 2002 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 December 1995 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2002 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 23 HOME LANE be worth now?

23 HOME LANE might now be worth an estimated £298,556.

This is based on house price inflation of 171.4%, between May 2002 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 171.4% inflationary increase is applied to the most recent sale price for 23 HOME LANE of £110,000 on 24th May 2002. For the value to have increased from £110,000 to £298,556 over the 23 years and three months to February 2025, the following assumptions must hold true:

• The value of 23 HOME LANE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The May 2002 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 23 HOME LANE has not materially changed since May 2002.

How Large is 23 HOME LANE?

23 HOME LANE is 85m², which includes two extensions, according to the EPC inspection conducted in October 2011. This puts it in the smallest 20% 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 23 HOME LANE lies on this distribution: 20% of detached houses houses are smaller than 23 HOME LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Hereford.

23 HOME LANE: Plot and Title Map

23 HOME LANE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 23 HOME 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 23 HOME 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 23 HOME LANE?

23 HOME LANE is located in HEREFORD, in the HR2 postcode district. The below map shows the position of No. 23 on HOME LANE.