7, CHESTNUT LANE, BURGHILL, HEREFORD, HR4 7QN - £570,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 CHESTNUT LANE is a large detached house of 187m², built sometime between 2003 and 2006, which could now be worth an estimated £658,160. It was last sold for £570,000 in January 2021, which was around 50% above the average January 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

7 CHESTNUT LANE Sold Prices

Land registry data shows two sales for 7 CHESTNUT 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 7 CHESTNUT LANE 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
2021 27 JAN	£570,000	£378,829	50% above HPI
2002 18 JUL	£297,000	£172,884	72% above HPI

7 CHESTNUT 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 7 CHESTNUT LANE sales from July 2002 and January 2021 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 2002 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the January 2021 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 7 CHESTNUT LANE be worth now?

7 CHESTNUT LANE might now be worth an estimated £658,160.

This is based on house price inflation of 15.5%, between January 2021 and December 2024, for detached houses, in the Herefordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.5% inflationary increase is applied to the most recent sale price for 7 CHESTNUT LANE of £570,000 on 27th January 2021. For the value to have increased from £570,000 to £658,160 over the two years and one month to December 2024, the following assumptions must hold true:

• The value of 7 CHESTNUT LANE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The January 2021 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHESTNUT LANE has not materially changed since January 2021.

How Large is 7 CHESTNUT LANE?

7 CHESTNUT LANE is 187m² according to the EPC inspection conducted in September 2020. This puts it in the largest 30% of detached houses houses in Burghill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burghill, and where 7 CHESTNUT LANE lies on this distribution: 78% of detached houses houses are smaller than 7 CHESTNUT LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Burghill.

7 CHESTNUT LANE: Plot and Title Map

7 CHESTNUT LANE sits on a plot of roughly 0.328 of an acre, or 1,327m². The below map shows the location of 7 CHESTNUT 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 7 CHESTNUT 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 7 CHESTNUT LANE?

7 CHESTNUT LANE is located in BURGHILL, in the HR4 postcode district. The below map shows the position of No. 7 on CHESTNUT LANE.