2, GORSTY LANE, HEREFORD, HR1 1UL - £249,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 GORSTY LANE is a large extended terraced house of 127m², built sometime between 1967 and 1975, which could now be worth an estimated £386,664. It was last sold for £249,950 in November 2014, which was around 81% above the average November 2014 terraced price in the Herefordshire local authority area. The most recent EPC inspection was February 2010, where the current energy rating was F, and the potential energy rating was D.

2 GORSTY LANE Sold Prices

Land registry data shows three sales for 2 GORSTY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Herefordshire local authority area for the corresponding sale date. All of the three 2 GORSTY 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
2014 20 NOV	£249,950	£138,309	81% above HPI
2012 23 JUL	£190,000	£132,100	44% above HPI
1995 20 OCT	£76,500	£39,557	93% above HPI

2 GORSTY LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Herefordshire local authority area over time, sourced from the HPI. The three 2 GORSTY LANE sales between October 1995 and November 2014 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 2012 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the November 2014 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

What might 2 GORSTY LANE be worth now?

2 GORSTY LANE might now be worth an estimated £386,664.

This is based on house price inflation of 54.7%, between November 2014 and October 2025, for terraced 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 54.7% inflationary increase is applied to the most recent sale price for 2 GORSTY LANE of £249,950 on 20th November 2014. For the value to have increased from £249,950 to £386,664 over the eleven years and one month to October 2025, the following assumptions must hold true:

• The value of 2 GORSTY LANE has moved in line with the HPI for terraced houses in the Herefordshire local authority area.
• The November 2014 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 2 GORSTY LANE has not materially changed since November 2014.

How Large is 2 GORSTY LANE?

2 GORSTY LANE is 127m², which includes two extensions, according to the EPC inspection conducted in February 2010. This puts it in the largest 40% of terraced houses houses in Hereford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hereford, and where 2 GORSTY LANE lies on this distribution: 64% of terraced houses houses are smaller than 2 GORSTY LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Hereford.

2 GORSTY LANE: Plot and Title Map

2 GORSTY LANE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 2 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 2 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 2 GORSTY LANE?

2 GORSTY LANE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 2 on GORSTY LANE.