15, FOLLY LANE, HOCKLEY, SS5 4SE - £341,000

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

15 FOLLY LANE is a midsized detached house of 129m², built sometime between 1983 and 1990. It was last sold for £341,000 in October 2009, which was around 13% above the average October 2009 detached price in the Rochford local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

15 FOLLY LANE Sold Prices

Land registry data shows four sales for 15 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. Most of the four 15 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
2009 9 OCT	£341,000	£302,513	13% above HPI
2003 20 JAN	£300,000	£251,173	19% above HPI
1998 3 NOV	£152,500	£120,627	26% above HPI
1995 8 NOV	£50,750	£91,569	45% below HPI

15 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 15 FOLLY LANE sales between November 1995 and October 2009 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 January 2003 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2009 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 15 FOLLY LANE?

15 FOLLY LANE is 129m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% of detached houses in Hockley, based on EPC data. The below chart shows the distribution of detached houses by size in Hockley, and where 15 FOLLY LANE lies on this distribution: 46% of detached houses are smaller than 15 FOLLY LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Hockley.

15 FOLLY LANE: Plot and Title Map

15 FOLLY LANE sits on a plot of roughly 0.188 of an acre, or 760m². The below map shows the location of 15 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 15 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 15 FOLLY LANE?

15 FOLLY LANE is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 15 on FOLLY LANE.