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According to the public record, 1, Templars Lane, Hereford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,013 ft2 of internal area and sits on a 557 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Templars Lane, Hereford is £288,865 and the estimated rental value is £1,239 per month.
Templars Lane, Hereford, HR1 is located within the HR1 postal district.
1, Templars Lane, Hereford has a single entry in the Land Registry from August 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Templars Lane, Hereford is in very good condition we estimate a sale value of £303,308 and a rental value of £1,301 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £268,645 and a rental value of £1,152 per month.
Over the last 12 months the sale value of 1 Templars Lane Hereford has decreased by an estimated £2,979 (1.0%) and its rental value has increased by an estimated £52 per month (4.2%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 1, Templars Lane, Hereford sits on a plot of 557m2.
We have plot size data on 4 out of 4 other houses in the postcode and 1, Templars Lane, Hereford sits on the largest plot.
According to HM Land Registry, 1, Templars Lane, Hereford was last sold on 27th August 2010 for £195,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2010, the market for similar properties has risen 87.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Templars Lane, Hereford within a radius of 500 metres over the last 2 years.
The most recent example is 7, Turner Street, Hereford, HR1 2JS, a freehold house which sold for £289,500 on the 18th August 2023.
Read more about house prices in HR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Templars Lane, Hereford, HR1 has a total of 4 addresses. According to our analysis of all the public data, 1, Templars Lane, Hereford is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in HR1.
The closest station to 1, Templars Lane, Hereford is Hereford station which is 800 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Templars Lane, Hereford, 40.7% of property is privately owned outright and 31.4% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Templars Lane, Hereford, 17.3% of residents are recorded as possessing school level qualifications and 35.8% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Templars Lane, Hereford, the average age was 40.4 and the most common age was 27.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Templars Lane, Hereford, 0.3% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Templars Lane, Hereford, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.