4, THE LANE, HEREFORD, HR1 1TJ - £344,000

4 THE LANE is a small detached house of 102m². It was last sold for £344,000 in December 2019, which was around 1% above the average December 2019 detached price in the Herefordshire local authority area. The most recent EPC inspection was December 2019, where the current energy rating was B, and the potential energy rating was A.

4 THE LANE Sold Prices

Land registry data shows two sales for 4 THE 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. One of the two 4 THE LANE sales was for above the average price, whilst the other was 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
2019 16 DEC	£344,000	£341,609	1% above HPI
2017 24 FEB	£280,000	£310,553	10% below HPI

4 THE 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 4 THE LANE sales from February 2017 and December 2019 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 2017 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2019 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 4 THE LANE?

4 THE LANE is 102m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 40% of detached houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses by size in Hereford, and where 4 THE LANE lies on this distribution: 36% of detached houses are smaller than 4 THE LANE, and 63% of houses are larger. Note that EPC data is not available for all properties in Hereford.

4 THE LANE: Plot and Title Map

4 THE LANE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 4 THE 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 4 THE 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 4 THE LANE?

4 THE LANE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 4 on THE LANE.