58, GORSTY LANE, HEREFORD, HR1 1UN - £219,500

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

58 GORSTY LANE is a very small extended detached house of 72m², built sometime between 1967 and 1975. It was last sold for £219,500 in March 2016, which was around 29% below the average March 2016 detached price in the Herefordshire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

58 GORSTY LANE Sold Prices

Land registry data shows three sales for 58 GORSTY LANE 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 58 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
2016 31 MAR	£219,500	£307,137	29% below HPI
2015 22 JUN	£205,000	£292,443	30% below HPI
2005 4 JAN	£169,000	£250,403	33% below HPI

58 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 three 58 GORSTY LANE sales between January 2005 and March 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 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2016 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 58 GORSTY LANE?

58 GORSTY LANE is 72m², which includes one extension, according to the EPC inspection conducted in February 2015. 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 58 GORSTY LANE lies on this distribution: 7% of detached houses are smaller than 58 GORSTY LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Hereford.

58 GORSTY LANE: Plot and Title Map

58 GORSTY LANE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 58 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 58 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 58 GORSTY LANE?

58 GORSTY LANE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 58 on GORSTY LANE.