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

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.

23 FOLLY LANE is a midsized extended detached house of 122m², built sometime between 1976 and 1982, which could now be worth an estimated £483,684. It was last sold for £250,000 in November 2006, which was around 22% 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	£322,303	22% below HPI
2002 1 MAR	£182,000	£214,193	15% 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2006 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 23 FOLLY LANE be worth now?

23 FOLLY LANE might now be worth an estimated £483,684.

This is based on house price inflation of 93.5%, between November 2006 and February 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 93.5% inflationary increase is applied to the most recent sale price for 23 FOLLY LANE of £250,000 on 20th November 2006. For the value to have increased from £250,000 to £483,684 over the nineteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 23 FOLLY LANE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The November 2006 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 23 FOLLY LANE has not materially changed since November 2006.

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 houses in Caddington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caddington, and where 23 FOLLY LANE lies on this distribution: 57% of detached houses houses are smaller than 23 FOLLY LANE, and 42% 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.