3, FOLDHILL LANE, MARTOCK, TA12 6NH - £245,000

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.

3 FOLDHILL LANE is a midsized extended detached house of 114m², built sometime between 1950 and 1966, which could now be worth an estimated £410,150. It was last sold for £245,000 in May 2012, which was around 11% below the average May 2012 detached price in the Somerset local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

3 FOLDHILL LANE Sold Prices

Land registry data shows two sales for 3 FOLDHILL 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 Somerset local authority area for the corresponding sale date. One of the two 3 FOLDHILL 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
2012 4 MAY	£245,000	£275,034	11% below HPI
1998 6 AUG	£112,000	£108,717	3% above HPI

3 FOLDHILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two 3 FOLDHILL LANE sales from August 1998 and May 2012 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 August 1998 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2012 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 3 FOLDHILL LANE be worth now?

3 FOLDHILL LANE might now be worth an estimated £410,150.

This is based on house price inflation of 67.4%, between May 2012 and February 2025, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 67.4% inflationary increase is applied to the most recent sale price for 3 FOLDHILL LANE of £245,000 on 4th May 2012. For the value to have increased from £245,000 to £410,150 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of 3 FOLDHILL LANE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The May 2012 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FOLDHILL LANE has not materially changed since May 2012.

How Large is 3 FOLDHILL LANE?

3 FOLDHILL LANE is 114m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 50% of detached houses houses in Martock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Martock, and where 3 FOLDHILL LANE lies on this distribution: 49% of detached houses houses are smaller than 3 FOLDHILL LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Martock.

3 FOLDHILL LANE: Plot and Title Map

3 FOLDHILL LANE sits on a plot of roughly 0.325 of an acre, or 1,314m². The below map shows the location of 3 FOLDHILL 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 3 FOLDHILL 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 3 FOLDHILL LANE?

3 FOLDHILL LANE is located in MARTOCK, in the TA12 postcode district. The below map shows the position of No. 3 on FOLDHILL LANE.