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
46 GORSTY LANE is a very small detached house of 55m², built sometime between 1967 and 1975. It was last sold for £225,000 in July 2020, which was around 34% below the average July 2020 detached price in the Herefordshire local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows five sales for 46 GORSTY LANE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the five 46 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 |
---|---|---|---|
2020 17 JUL | £225,000 | £343,253 | 34% below HPI |
2016 10 NOV | £204,500 | £309,877 | 34% below HPI |
2011 3 JUN | £175,000 | £269,226 | 35% below HPI |
2010 5 JAN | £180,000 | £271,431 | 34% below HPI |
2001 19 MAR | £96,000 | £134,322 | 29% below HPI |
The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The five 46 GORSTY LANE sales between March 2001 and July 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 November 2016 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2020 sale, which was also at 34% below the HPI.
46 GORSTY LANE is 55m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% of detached houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses by size in Hereford, and where 46 GORSTY LANE lies on this distribution: 2% of detached houses are smaller than 46 GORSTY LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Hereford.
46 GORSTY LANE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 46 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 46 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.
46 GORSTY LANE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 46 on GORSTY LANE.