29, VENNS LANE, HEREFORD, HR1 1DE - £339,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

29 VENNS LANE is a large extended detached house of 132m², built sometime between 1950 and 1966, which could now be worth an estimated £429,179. It was last sold for £339,000 in August 2018, which was around 2% below the average August 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

29 VENNS LANE Sold Prices

Land registry data shows two sales for 29 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. Both of the two 29 VENNS 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
2018 31 AUG	£339,000	£345,510	2% below HPI
2013 19 JUL	£250,000	£274,898	9% below HPI

29 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 29 VENNS LANE sales from July 2013 and August 2018 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 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2018 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 29 VENNS LANE be worth now?

29 VENNS LANE might now be worth an estimated £429,179.

This is based on house price inflation of 26.6%, between August 2018 and December 2024, 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 26.6% inflationary increase is applied to the most recent sale price for 29 VENNS LANE of £339,000 on 31st August 2018. For the value to have increased from £339,000 to £429,179 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of 29 VENNS LANE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The August 2018 sale price of £339,000 represented a fair market value for the property.
• The size, condition, and specification of 29 VENNS LANE has not materially changed since August 2018.

How Large is 29 VENNS LANE?

29 VENNS LANE is 132m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 30% 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 29 VENNS LANE lies on this distribution: 71% of detached houses houses are smaller than 29 VENNS LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Hereford.

29 VENNS LANE: Plot and Title Map

29 VENNS LANE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 29 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 29 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 29 VENNS LANE?

29 VENNS LANE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 29 on VENNS LANE.