1A, FOLLY LANE, CADDINGTON, LUTON, LU1 4AQ - £312,000

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.

1A FOLLY LANE is a midsized detached house of 114m², built sometime between 1983 and 1990, which could now be worth an estimated £586,923. It was last sold for £312,000 in October 2010, which was around 6% below the average October 2010 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was December 2008, where the current energy rating was E, and the potential energy rating was D.

1A FOLLY LANE Sold Prices

Land registry data shows two sales for 1A 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 Central Bedfordshire local authority area for the corresponding sale date. One of the two 1A FOLLY LANE sales was for below the average price, whilst the other was 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
2010 14 OCT	£312,000	£330,976	6% below HPI
1998 26 JUN	£149,950	£132,100	14% above HPI

1A FOLLY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 1A FOLLY LANE sales from June 1998 and October 2010 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 1998 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2010 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 1A FOLLY LANE be worth now?

1A FOLLY LANE might now be worth an estimated £586,923.

This is based on house price inflation of 88.1%, between October 2010 and March 2025, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 88.1% inflationary increase is applied to the most recent sale price for 1A FOLLY LANE of £312,000 on 14th October 2010. For the value to have increased from £312,000 to £586,923 over the fifteen years and seven months to March 2025, the following assumptions must hold true:

• The value of 1A FOLLY LANE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The October 2010 sale price of £312,000 represented a fair market value for the property.
• The size, condition, and specification of 1A FOLLY LANE has not materially changed since October 2010.

How Large is 1A FOLLY LANE?

1A FOLLY LANE is 114m² according to the EPC inspection conducted in December 2008. This puts it in the largest 50% of detached houses houses in Caddington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caddington, and where 1A FOLLY LANE lies on this distribution: 51% of detached houses houses are smaller than 1A FOLLY LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in Caddington.

1A FOLLY LANE: Plot and Title Map

1A FOLLY LANE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 1A 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 1A 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 1A FOLLY LANE?

1A FOLLY LANE is located in CADDINGTON, in the LU1 postcode district. The below map shows the position of No. 1A on FOLLY LANE.