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

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

1A FOLLY LANE is a midsized detached house of 114m², built sometime between 1983 and 1990. It was last sold for £312,000 in October 2010, which was around 3% 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	£323,178	3% below HPI
1998 26 JUN	£149,950	£128,988	16% 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 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2010 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

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 in Caddington, based on EPC data. The below chart shows the distribution of detached houses by size in Caddington, and where 1A FOLLY LANE lies on this distribution: 50% of detached houses are smaller than 1A FOLLY LANE, and 50% 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.