25, VENNS LANE, HEREFORD, HR1 1DE - £499,950

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

25 VENNS LANE is a very large extended detached house of 196m², built sometime between 1930 and 1949. It was last sold for £499,950 in August 2020, which was around 41% above the average August 2020 detached price in the Herefordshire local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.

25 VENNS LANE Sold Prices

Land registry data shows four sales for 25 VENNS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the four 25 VENNS LANE sales were 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 19 AUG	£499,950	£355,217	41% above HPI
2007 13 JUL	£358,000	£285,097	26% above HPI
2001 27 APR	£205,000	£138,917	48% above HPI
1998 13 MAR	£149,500	£99,430	50% above HPI

25 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 four 25 VENNS LANE sales between March 1998 and August 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 July 2007 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2020 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 25 VENNS LANE?

25 VENNS LANE is 196m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 10% of detached houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses by size in Hereford, and where 25 VENNS LANE lies on this distribution: 93% of detached houses are smaller than 25 VENNS LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Hereford.

25 VENNS LANE: Plot and Title Map

25 VENNS LANE sits on a plot of roughly 0.152 of an acre, or 617m². The below map shows the location of 25 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 25 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 25 VENNS LANE?

25 VENNS LANE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 25 on VENNS LANE.