12, FOLLY LANE, HOCKLEY, SS5 4SE - £930,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

12 FOLLY LANE is a very large extended detached house of 298m², built sometime between 1930 and 1949. It was last sold for £930,000 in June 2021, which was around 79% above the average June 2021 detached price in the Rochford local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

12 FOLLY LANE Sold Prices

Land registry data shows four sales for 12 FOLLY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. All of the four 12 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
2021 18 JUN	£930,000	£520,402	79% above HPI
2018 16 JUL	£775,000	£505,344	53% above HPI
2005 19 JUL	£585,000	£293,393	99% above HPI
1996 30 AUG	£133,000	£95,674	39% above HPI

12 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 four 12 FOLLY LANE sales between August 1996 and June 2021 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 July 2018 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the June 2021 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

How Large is 12 FOLLY LANE?

12 FOLLY LANE is 298m², which includes one extension, according to the EPC inspection conducted in August 2015. 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 12 FOLLY LANE lies on this distribution: 96% of detached houses are smaller than 12 FOLLY LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Hockley.

12 FOLLY LANE: Plot and Title Map

12 FOLLY LANE sits on a plot of roughly 0.251 of an acre, or 1,014m². The below map shows the location of 12 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 12 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 12 FOLLY LANE?

12 FOLLY LANE is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 12 on FOLLY LANE.