54, GORSTY LANE, HEREFORD, HR1 1UN - £265,000

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

54 GORSTY LANE is a small extended detached house of 90m², built sometime between 1967 and 1975. It was last sold for £265,000 in December 2020, which was around 31% below the average December 2020 detached price in the Herefordshire local authority area. The most recent EPC inspection was December 2017, where the current energy rating was E, and the potential energy rating was B.

54 GORSTY LANE Sold Prices

Land registry data shows two sales for 54 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 54 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 11 DEC	£265,000	£381,787	31% below HPI
2018 16 FEB	£225,000	£329,011	32% below HPI

54 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 54 GORSTY LANE sales from February 2018 and December 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 February 2018 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2020 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 54 GORSTY LANE?

54 GORSTY LANE is 90m², which includes two extensions, according to the EPC inspection conducted in December 2017. This puts it in the smallest 30% of detached houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses by size in Hereford, and where 54 GORSTY LANE lies on this distribution: 23% of detached houses are smaller than 54 GORSTY LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Hereford.

54 GORSTY LANE: Plot and Title Map

54 GORSTY LANE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 54 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 54 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 54 GORSTY LANE?

54 GORSTY LANE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 54 on GORSTY LANE.