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
26 GORSTY LANE is a very small extended detached house of 61m², built sometime between 1967 and 1975. It was last sold for £269,500 in May 2022, which was around 34% below the average May 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 26 GORSTY LANE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the five 26 GORSTY 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 |
---|---|---|---|
2022 6 MAY | £269,500 | £409,126 | 34% below HPI |
2018 1 FEB | £234,950 | £329,011 | 29% below HPI |
2015 18 SEP | £205,500 | £300,639 | 32% below HPI |
2009 14 SEP | £202,500 | £263,350 | 23% below HPI |
2007 11 JUN | £190,000 | £285,488 | 33% below HPI |
The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The five 26 GORSTY LANE sales between June 2007 and May 2022 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 February 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2022 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.
26 GORSTY LANE is 61m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 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 26 GORSTY LANE lies on this distribution: 3% of detached houses are smaller than 26 GORSTY LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Hereford.
26 GORSTY LANE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 26 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 26 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.
26 GORSTY LANE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 26 on GORSTY LANE.