Folly Lane - HR1 1LR
Key Postcode Insights
HR1 1LR is a residential postcode situated on Folly Lane, Hereford, HR1 with 3 addresses.
It ranks as the 97th largest and 893rd most expensive of the 986 postcodes in the HR1 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 3 properties: 2 houses and 1 other property.
- Ave. Sale Price
- £632,759
- 10 Year change
- up 37.7%
- Ave. Rental Price
- £1,719pcm
- 10 Year change
- up 53.5%
- Ave. £ per ft²
- £329/ft²
- Ave. Gross Yield
- 3.3%/year/yr
Key Postcode Insights
HR1 1LR is a residential postcode situated on Folly Lane, Hereford, HR1 with 3 addresses.
It ranks as the 97th largest and 893rd most expensive of the 986 postcodes in the HR1 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 3 properties: 2 houses and 1 other property.
- Ave. Sale Price
- £632,759
- 10 Year change
- up 37.7%
- Ave. Rental Price
- £1,719pcm
- 10 Year change
- up 53.5%
- Ave. £ per ft²
- £329/ft²
- Ave. Gross Yield
- 3.3%/year/yr
Explore Properties in HR1 1LR
- 49A Folly Lane
House
- 49 Folly Lane
4 Bed Modern House
- 51 Folly Lane
5 Bed Mid-century House
Sales Market Trends
The last sale in HR1 1LR sold for £475,000 on 14th November 2013. Since then prices are up an average of 54.4%.
The current average value in the postcode is £632,759.
The HR1 1LR Sales Market has increased by 37.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -2% | £632,759 |
| July 2025 | 1.4% | £645,888 |
| July 2024 | -0.4% | £637,284 |
| July 2023 | 1.4% | £639,742 |
| July 2022 | 11.9% | £630,613 |
| July 2021 | 9.2% | £563,432 |
| July 2020 | 2.8% | £515,872 |
| July 2019 | 2% | £502,009 |
| July 2018 | 3.5% | £492,192 |
| July 2017 | 3.5% | £475,531 |
| July 2016 | 2.9% | £459,547 |
| July 2015 | 2.6% | £446,630 |
| July 2014 | 7.3% | £435,276 |
| July 2013 | -0.3% | £405,664 |
| July 2012 | 2.1% | £406,879 |
| July 2011 | -1.7% | £398,407 |
| July 2010 | 12.5% | £405,347 |
| July 2009 | -10.9% | £360,381 |
| July 2008 | -2.9% | £404,558 |
| July 2007 | 0% | £416,647 |
Rental Market Trends
The current average rental value in the postcode is £1,719.
The HR1 1LR Rental Market has increased by 53.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3.7% | £1,719pcm |
| July 2025 | 3.5% | £1,657pcm |
| July 2024 | 8.2% | £1,602pcm |
| July 2023 | 3.5% | £1,481pcm |
| July 2022 | 10.9% | £1,430pcm |
| July 2021 | 7.7% | £1,289pcm |
| July 2020 | 2% | £1,197pcm |
| July 2019 | 0% | £1,173pcm |
| July 2018 | 3% | £1,174pcm |
| July 2017 | 1.8% | £1,140pcm |
| July 2016 | 6.9% | £1,120pcm |
| July 2015 | 3.6% | £1,048pcm |
| July 2014 | 0.9% | £1,011pcm |
| July 2013 | -0.3% | £1,002pcm |
| July 2012 | 2.1% | £1,004pcm |
| July 2011 | 2.5% | £983pcm |
| July 2010 | 8.2% | £960pcm |
| July 2009 | -2.9% | £887pcm |
| July 2008 | 2.7% | £914pcm |
| July 2007 | 0% | £890pcm |
Sales History
The last recorded sale was on 14th November 2013 for £475,000 and since then the market in the area has increased by 54.4%.
HR1 1LR has had 3 sales since 1995, none of them in the last three years.
- Sold Nov 2013£475,000 | 5 Bed House51, Folly Lane, Hereford, HR1 1LR51, Folly Lane, Hereford, HR1 1LR
- Sold Nov 2006£365,000 | 4 Bed House49, Folly Lane, Hereford, HR1 1LR49, Folly Lane, Hereford, HR1 1LR
- Sold Jan 2000£167,250 | 4 Bed House49, Folly Lane, Hereford, HR1 1LR49, Folly Lane, Hereford, HR1 1LR
Nearby Postcodes
HR1 1LR is the 97th largest and the 893rd most expensive postcode out of the 986 postcodes in the HR1 area.
- HR1 1GA, Hatterall Close, Hereford, HR1HR1 1GA5 Addresses|42 m away
- HR1 1NT, Carter Grove, Hereford, HR1HR1 1NT16 Addresses|66 m away
- HR1 1HT, Aylestone Drive, Hereford, HR1HR1 1HT10 Addresses|82 m away
- HR1 1RB, Belgravia Gardens, Hereford, HR1HR1 1RB29 Addresses|105 m away
- HR1 2TE, Southbank Road, Hereford, HR1HR1 2TE11 Addresses|116 m away
Property Types
- 1 modern house built after 1980
- 1 mid-century house built between 1936 and 1979
- 1 other address of unknown type
- modern house (1)
- mid-century house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 2 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Nov 2004£800,000 | 1 Bed FlatFlat 1, Cedar Court 36, Folly Lane, Hereford, HR1 1LXFlat 1, Cedar Court 36, Folly Lane, Hereford, HR1 1LX
- Sold Sep 2022£560,000 | 5 Bed House20, Folly Lane, Hereford, HR1 1LY20, Folly Lane, Hereford, HR1 1LY
- Sold May 2025£490,000 | 5 Bed House3B, Folly Lane, Hereford, HR1 1LY3B, Folly Lane, Hereford, HR1 1LY
Schools Nearby
- Broadlands Primary School400 m away
- St Thomas Cantilupe CofE Academy1.0 km away
- St Francis Xavier's Primary School1.0 km away
- Aylestone School400 m away
- The Bishop of Hereford's Bluecoat School1.2 km away
- St Mary's RC High School2.8 km away
More reading links
Public Transport Nearby
The closest station to HR1 1LR is Hereford station, which is 600 metres away.
- Hereford|600 m away
- Leominster|18.4 km away
- Ledbury|18.9 km away
- Colwall|23.5 km away
