28, FOLLY LANE, CHEDDLETON, LEEK, ST13 7DA - £220,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

28 FOLLY LANE is a very small detached house of 55m², built sometime between 1983 and 1990. It was last sold for £220,000 in February 2022, which was around 23% below the average February 2022 detached price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

28 FOLLY LANE Sold Prices

Land registry data shows four sales for 28 FOLLY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Staffordshire Moorlands local authority area for the corresponding sale date. All of the four 28 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
2022 2 FEB	£220,000	£286,457	23% below HPI
2011 16 MAR	£160,000	£187,539	15% below HPI
2004 11 AUG	£155,950	£180,429	14% below HPI
1998 31 JUL	£66,500	£76,608	13% below HPI

28 FOLLY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Staffordshire Moorlands local authority area over time, sourced from the HPI. The four 28 FOLLY LANE sales between July 1998 and February 2022 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 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 28 FOLLY LANE?

28 FOLLY LANE is 55m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses in Cheddleton, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddleton, and where 28 FOLLY LANE lies on this distribution: 2% of detached houses are smaller than 28 FOLLY LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Cheddleton.

28 FOLLY LANE: Plot and Title Map

28 FOLLY LANE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 28 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 28 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 28 FOLLY LANE?

28 FOLLY LANE is located in CHEDDLETON, in the ST13 postcode district. The below map shows the position of No. 28 on FOLLY LANE.