5, FIRS LANE, BROMYARD, HR7 4BA - £260,000

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

5 FIRS LANE is a large extended detached house of 119m², built sometime between 1950 and 1966. It was last sold for £260,000 in June 2016, which was around 16% below the average June 2016 detached price in the Herefordshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

5 FIRS LANE Sold Prices

Land registry data shows two sales for 5 FIRS 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. One of the two 5 FIRS LANE sales was for below the average price, whilst the other was 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
2016 16 JUN	£260,000	£308,544	16% below HPI
2002 14 JUN	£170,000	£165,404	3% above HPI

5 FIRS 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 5 FIRS LANE sales from June 2002 and June 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 June 2002 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2016 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 FIRS LANE?

5 FIRS LANE is 119m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 30% of detached houses in Bromyard, based on EPC data. The below chart shows the distribution of detached houses by size in Bromyard, and where 5 FIRS LANE lies on this distribution: 74% of detached houses are smaller than 5 FIRS LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Bromyard.

5 FIRS LANE: Plot and Title Map

5 FIRS LANE sits on a plot of roughly 0.202 of an acre, or 818m². The below map shows the location of 5 FIRS 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 5 FIRS 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 5 FIRS LANE?

5 FIRS LANE is located in BROMYARD, in the HR7 postcode district. The below map shows the position of No. 5 on FIRS LANE.