Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
118 FOLLY LANE is a small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £325,000 in May 2023, which was around 38% below the average May 2023 detached price in the Stroud local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 118 FOLLY LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. All of the four 118 FOLLY LANE sales were 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 |
---|---|---|---|
2023 5 MAY | £325,000 | £524,138 | 38% below HPI |
2011 25 MAR | £210,000 | £301,503 | 30% below HPI |
1998 14 AUG | £92,000 | £121,113 | 24% below HPI |
1998 20 MAR | £101,000 | £115,763 | 13% below HPI |
The below graph shows the average detached house price in the Stroud local authority area over time, sourced from the HPI. The four 118 FOLLY LANE sales between March 1998 and May 2023 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 March 2011 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2023 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.
118 FOLLY LANE is 84m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 30% of detached houses in Stroud, based on EPC data. The below chart shows the distribution of detached houses by size in Stroud, and where 118 FOLLY LANE lies on this distribution: 24% of detached houses are smaller than 118 FOLLY LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Stroud.
118 FOLLY LANE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 118 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 118 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.
118 FOLLY LANE is located in STROUD, in the GL5 postcode district. The below map shows the position of No. 118 on FOLLY LANE.