10, FOLLY LANE, HOCKLEY, SS5 4SE - £320,000

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

10 FOLLY LANE is a very large extended detached house of 237m², built sometime between 1930 and 1949. It was last sold for £320,000 in November 2002, which was around 31% above the average November 2002 detached price in the Rochford local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

10 FOLLY LANE Sold Prices

Land registry data shows two sales for 10 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 Rochford local authority area for the corresponding sale date. Both of the two 10 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
2002 26 NOV	£320,000	£243,826	31% above HPI
2000 29 JUN	£249,000	£155,032	61% above HPI

10 FOLLY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The two 10 FOLLY LANE sales from June 2000 and November 2002 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 June 2000 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the November 2002 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 10 FOLLY LANE?

10 FOLLY LANE is 237m², which includes two extensions, according to the EPC inspection conducted in January 2011. This puts it in the largest 10% of detached houses in Hockley, based on EPC data. The below chart shows the distribution of detached houses by size in Hockley, and where 10 FOLLY LANE lies on this distribution: 92% of detached houses are smaller than 10 FOLLY LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Hockley.

10 FOLLY LANE: Plot and Title Map

10 FOLLY LANE sits on a plot of roughly 0.245 of an acre, or 992m². The below map shows the location of 10 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 10 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 10 FOLLY LANE?

10 FOLLY LANE is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 10 on FOLLY LANE.