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
78 LICHFIELD AVENUE is a small detached house of 94m², built sometime between 1950 and 1966. It was last sold for £365,000 in June 2023, which was around 13% below the average June 2023 detached price in the Herefordshire local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 78 LICHFIELD AVENUE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the five 78 LICHFIELD AVENUE 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 |
---|---|---|---|
2023 30 JUN | £365,000 | £421,402 | 13% below HPI |
2023 24 FEB | £357,600 | £431,890 | 17% below HPI |
2009 23 JAN | £242,000 | £254,861 | 5% below HPI |
2007 17 AUG | £249,000 | £285,090 | 13% below HPI |
1996 12 JAN | £72,000 | £86,881 | 17% below HPI |
The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The five 78 LICHFIELD AVENUE sales between January 1996 and June 2023 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 2023 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.
78 LICHFIELD AVENUE is 94m² according to the EPC inspection conducted in December 2022. 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 78 LICHFIELD AVENUE lies on this distribution: 28% of detached houses are smaller than 78 LICHFIELD AVENUE, and 71% of houses are larger. Note that EPC data is not available for all properties in Hereford.
78 LICHFIELD AVENUE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 78 LICHFIELD AVENUE, 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 78 LICHFIELD AVENUE). 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.
78 LICHFIELD AVENUE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 78 on LICHFIELD AVENUE.