4, ROSEMARY LANE, MADLEY, HEREFORD, HR2 9LS - £320,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 ROSEMARY LANE is a very small extended detached house of 94m², built sometime before 1900. It was last sold for £320,000 in August 2021, which was around 15% below the average August 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

4 ROSEMARY LANE Sold Prices

Land registry data shows four sales for 4 ROSEMARY 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 4 ROSEMARY 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
2021 25 AUG	£320,000	£374,366	15% below HPI
2004 13 DEC	£173,000	£249,523	31% below HPI
2000 25 FEB	£110,000	£122,699	10% below HPI
1997 27 JUN	£85,000	£95,183	11% below HPI

4 ROSEMARY 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 4 ROSEMARY LANE sales between June 1997 and August 2021 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 2004 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 4 ROSEMARY LANE?

4 ROSEMARY LANE is 94m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the smallest 20% of detached houses in Madley, based on EPC data. The below chart shows the distribution of detached houses by size in Madley, and where 4 ROSEMARY LANE lies on this distribution: 16% of detached houses are smaller than 4 ROSEMARY LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Madley.

4 ROSEMARY LANE: Plot and Title Map

4 ROSEMARY LANE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 4 ROSEMARY 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 ROSEMARY 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 ROSEMARY LANE?

4 ROSEMARY LANE is located in MADLEY, in the HR2 postcode district. The below map shows the position of No. 4 on ROSEMARY LANE.