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

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

7 CHESTNUT LANE is a large detached house of 187m², built sometime between 2003 and 2006. It was last sold for £570,000 in January 2021, which was around 53% 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	£373,632	53% above HPI
2002 18 JUL	£297,000	£170,513	74% 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 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the January 2021 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

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 in Burghill, based on EPC data. The below chart shows the distribution of detached houses by size in Burghill, and where 7 CHESTNUT LANE lies on this distribution: 78% of detached 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.