1, FOLLY LANE, CHEDDLETON, LEEK, ST13 7DA - £439,500

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

1 FOLLY LANE is a very large extended detached house of 228m², built sometime between 1930 and 1949. It was last sold for £439,500 in May 2018, which was around 90% above the average May 2018 detached price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was D.

1 FOLLY LANE Sold Prices

Land registry data shows two sales for 1 FOLLY 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 Staffordshire Moorlands local authority area for the corresponding sale date. Both of the two 1 FOLLY 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
2018 25 MAY	£439,500	£231,702	90% above HPI
2000 20 OCT	£149,950	£87,308	72% above HPI

1 FOLLY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Staffordshire Moorlands local authority area over time, sourced from the HPI. The two 1 FOLLY LANE sales from October 2000 and May 2018 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 October 2000 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the May 2018 sale, where it rises to 90% above the HPI. The line then continues to track at 90% above the HPI.

How Large is 1 FOLLY LANE?

1 FOLLY LANE is 228m², which includes three extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 10% of detached houses in Cheddleton, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddleton, and where 1 FOLLY LANE lies on this distribution: 97% of detached houses are smaller than 1 FOLLY LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Cheddleton.

1 FOLLY LANE: Plot and Title Map

1 FOLLY LANE sits on a plot of roughly 0.274 of an acre, or 1,107m². The below map shows the location of 1 FOLLY 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 1 FOLLY 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 1 FOLLY LANE?

1 FOLLY LANE is located in CHEDDLETON, in the ST13 postcode district. The below map shows the position of No. 1 on FOLLY LANE.