3, OLD BROMLEY LANE, HOLMER, HEREFORD, HR1 1GE - £115,000

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.

3 OLD BROMLEY LANE is a very small semi-detached house of 63m², which could now be worth an estimated £149,681. It was last sold for £115,000 in February 2020, which was around 46% below the average February 2020 semi-detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2011, where the current energy rating was B, and the potential energy rating was B.

3 OLD BROMLEY LANE Sold Prices

Land registry data shows two sales for 3 OLD BROMLEY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Herefordshire local authority area for the corresponding sale date. Both of the two 3 OLD BROMLEY 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
2020 14 FEB	£115,000	£213,983	46% below HPI
2017 16 JUN	£108,000	£196,162	45% below HPI

3 OLD BROMLEY LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two 3 OLD BROMLEY LANE sales from June 2017 and February 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 June 2017 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the February 2020 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 3 OLD BROMLEY LANE be worth now?

3 OLD BROMLEY LANE might now be worth an estimated £149,681.

This is based on house price inflation of 30.2%, between February 2020 and February 2025, for semi-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 30.2% inflationary increase is applied to the most recent sale price for 3 OLD BROMLEY LANE of £115,000 on 14th February 2020. For the value to have increased from £115,000 to £149,681 over the five years to February 2025, the following assumptions must hold true:

• The value of 3 OLD BROMLEY LANE has moved in line with the HPI for semi-detached houses in the Herefordshire local authority area.
• The February 2020 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OLD BROMLEY LANE has not materially changed since February 2020.

How Large is 3 OLD BROMLEY LANE?

3 OLD BROMLEY LANE is 63m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of semi-detached houses houses in Hereford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hereford, and where 3 OLD BROMLEY LANE lies on this distribution: 3% of semi-detached houses houses are smaller than 3 OLD BROMLEY LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Hereford.

3 OLD BROMLEY LANE: Plot and Title Map

3 OLD BROMLEY LANE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 3 OLD BROMLEY 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 3 OLD BROMLEY 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 3 OLD BROMLEY LANE?

3 OLD BROMLEY LANE is located in HOLMER, in the HR1 postcode district. The below map shows the position of No. 3 on OLD BROMLEY LANE.