WALNEY LODGE, WALNEY LANE, HEREFORD, HR1 1JD - £625,000

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

WALNEY LODGE is a very large extended detached house of 233m², built sometime between 2003 and 2006. It was last sold for £625,000 in March 2022, which was around 53% above the average March 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was B, and the potential energy rating was B.

WALNEY LODGE Sold Prices

Land registry data shows four sales for WALNEY LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the four WALNEY LODGE 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
2022 1 MAR	£625,000	£407,355	53% above HPI
2019 15 APR	£485,000	£331,138	46% above HPI
2007 30 NOV	£427,000	£291,685	46% above HPI
2004 26 MAY	£330,000	£237,766	39% above HPI

WALNEY LODGE 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 four WALNEY LODGE sales between May 2004 and March 2022 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 April 2019 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the March 2022 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is WALNEY LODGE?

WALNEY LODGE is 233m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 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 WALNEY LODGE lies on this distribution: 97% of detached houses are smaller than WALNEY LODGE, and 3% of houses are larger. Note that EPC data is not available for all properties in Hereford.

WALNEY LODGE: Plot and Title Map

WALNEY LODGE sits on a plot of roughly 0.177 of an acre, or 715m². The below map shows the location of WALNEY LODGE, 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 WALNEY LODGE). 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 WALNEY LODGE?

WALNEY LODGE is located on WALNEY LANE in HEREFORD, in the HR1 postcode district. The below map shows the position of WALNEY LODGE on WALNEY LANE.