18, FOLLY LANE, WARMINSTER, BA12 7RG - £475,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 FOLLY LANE is a very large extended detached house of 184m², built sometime between 2003 and 2006, which could now be worth an estimated £539,847. It was last sold for £475,000 in December 2020, which was around 4% above the average December 2020 detached price in the Wiltshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

18 FOLLY LANE Sold Prices

Land registry data shows two sales for 18 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 Wiltshire local authority area for the corresponding sale date. One of the two 18 FOLLY LANE sales was for above the average price, whilst the other was 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
2020 3 DEC	£475,000	£457,342	4% above HPI
2006 7 APR	£170,000	£300,705	43% below HPI

18 FOLLY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The two 18 FOLLY LANE sales from April 2006 and December 2020 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 April 2006 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2020 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 18 FOLLY LANE be worth now?

18 FOLLY LANE might now be worth an estimated £539,847.

This is based on house price inflation of 13.7%, between December 2020 and February 2025, for detached houses, in the Wiltshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.7% inflationary increase is applied to the most recent sale price for 18 FOLLY LANE of £475,000 on 3rd December 2020. For the value to have increased from £475,000 to £539,847 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 18 FOLLY LANE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The December 2020 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 18 FOLLY LANE has not materially changed since December 2020.

How Large is 18 FOLLY LANE?

18 FOLLY LANE is 184m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 10% of detached houses houses in Warminster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warminster, and where 18 FOLLY LANE lies on this distribution: 93% of detached houses houses are smaller than 18 FOLLY LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Warminster.

18 FOLLY LANE: Plot and Title Map

18 FOLLY LANE sits on a plot of roughly 0.268 of an acre, or 1,085m². The below map shows the location of 18 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 18 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 18 FOLLY LANE?

18 FOLLY LANE is located in WARMINSTER, in the BA12 postcode district. The below map shows the position of No. 18 on FOLLY LANE.