24, GORSTY LANE, HEREFORD, HR1 1UN - £395,000

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

24 GORSTY LANE is a midsized extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £395,000 in July 2021, which was around 8% above the average July 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was A, and the potential energy rating was A.

24 GORSTY LANE Sold Prices

Land registry data shows two sales for 24 GORSTY 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 24 GORSTY LANE sales was for above the average price, whilst the other was 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 14 JUL	£395,000	£366,280	8% above HPI
2012 21 DEC	£195,000	£267,603	27% below HPI

24 GORSTY 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 24 GORSTY LANE sales from December 2012 and July 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 December 2012 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2021 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 24 GORSTY LANE?

24 GORSTY LANE is 113m², which includes one extension, according to the EPC inspection conducted in June 2014. 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 24 GORSTY LANE lies on this distribution: 51% of detached houses are smaller than 24 GORSTY LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Hereford.

24 GORSTY LANE: Plot and Title Map

24 GORSTY LANE sits on a plot of roughly 0.169 of an acre, or 683m². The below map shows the location of 24 GORSTY 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 24 GORSTY 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 24 GORSTY LANE?

24 GORSTY LANE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 24 on GORSTY LANE.