4, THE LAINES, GORSLEY, ROSS-ON-WYE, HR9 7FH - £410,000

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

4 THE LAINES is a midsized detached house of 145m², built sometime between 1996 and 2002. It was last sold for £410,000 in May 2018, which was around 20% above the average May 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was A.

4 THE LAINES Sold Prices

Land registry data shows three sales for 4 THE LAINES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the three 4 THE LAINES sales were for above 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 30 MAY	£410,000	£341,161	20% above HPI
2008 31 JUL	£332,500	£276,699	20% above HPI
2001 14 DEC	£228,000	£154,032	48% above HPI

4 THE LAINES 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 three 4 THE LAINES sales between December 2001 and May 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 2008 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the May 2018 sale, which was also at 20% above the HPI.

How Large is 4 THE LAINES?

4 THE LAINES is 145m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 50% of detached houses in Gorsley Common, based on EPC data. The below chart shows the distribution of detached houses by size in Gorsley Common, and where 4 THE LAINES lies on this distribution: 47% of detached houses are smaller than 4 THE LAINES, and 51% of houses are larger. Note that EPC data is not available for all properties in Gorsley Common.

4 THE LAINES: Plot and Title Map

4 THE LAINES sits on a plot of roughly 0.174 of an acre, or 704m². The below map shows the location of 4 THE LAINES, 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 THE LAINES). 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 THE LAINES?

4 THE LAINES is located in GORSLEY, in the HR9 postcode district. The below map shows the position of No. 4 on THE LAINES.