4, GORSTY LANE, HEREFORD, HR1 1UL - £235,000

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

4 GORSTY LANE is a small extended detached house of 100m², built sometime between 1967 and 1975. It was last sold for £235,000 in March 2016, which was around 25% below the average March 2016 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

4 GORSTY LANE Sold Prices

Land registry data shows two sales for 4 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. Both of the two 4 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
2016 11 MAR	£235,000	£311,409	25% below HPI
2011 16 DEC	£172,500	£270,910	36% below HPI

4 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 4 GORSTY LANE sales from December 2011 and March 2016 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 2011 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2016 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 4 GORSTY LANE be worth now?

4 GORSTY LANE might now be worth an estimated £330,093.

This is based on house price inflation of 40.5%, between March 2016 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 40.5% inflationary increase is applied to the most recent sale price for 4 GORSTY LANE of £235,000 on 11th March 2016. For the value to have increased from £235,000 to £330,093 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 4 GORSTY LANE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The March 2016 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GORSTY LANE has not materially changed since March 2016.

How Large is 4 GORSTY LANE?

4 GORSTY LANE is 100m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% 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 4 GORSTY LANE lies on this distribution: 34% of detached houses houses are smaller than 4 GORSTY LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Hereford.

4 GORSTY LANE: Plot and Title Map

4 GORSTY LANE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 4 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 4 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 4 GORSTY LANE?

4 GORSTY LANE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 4 on GORSTY LANE.