23, FOLLY LANE, CADDINGTON, LUTON, LU1 4AQ - £250,000

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

23 FOLLY LANE is a midsized extended detached house of 122m², built sometime between 1976 and 1982. It was last sold for £250,000 in November 2006, which was around 21% below the average November 2006 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

23 FOLLY LANE Sold Prices

Land registry data shows two sales for 23 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. Both of the two 23 FOLLY LANE sales were 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
2006 20 NOV	£250,000	£314,710	21% below HPI
2002 1 MAR	£182,000	£209,147	13% below HPI

23 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 23 FOLLY LANE sales from March 2002 and November 2006 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 March 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2006 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 23 FOLLY LANE?

23 FOLLY LANE is 122m², which includes one extension, according to the EPC inspection conducted in June 2023. 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 23 FOLLY LANE lies on this distribution: 56% of detached houses are smaller than 23 FOLLY LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Caddington.

23 FOLLY LANE: Plot and Title Map

23 FOLLY LANE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 23 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 23 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 23 FOLLY LANE?

23 FOLLY LANE is located in CADDINGTON, in the LU1 postcode district. The below map shows the position of No. 23 on FOLLY LANE.