3, FOLLY DRIVE, DITCHEAT, SHEPTON MALLET, BA4 6QH - £428,000

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

3 FOLLY DRIVE is a very small detached house of 120m², built sometime between 1967 and 1975. It was last sold for £428,000 in June 2017, which was around 27% above the average June 2017 detached price in the Somerset local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

3 FOLLY DRIVE Sold Prices

Land registry data shows two sales for 3 FOLLY DRIVE 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. Both of the two 3 FOLLY DRIVE sales were 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
2017 30 JUN	£428,000	£337,552	27% above HPI
2010 30 NOV	£350,000	£277,052	26% above HPI

3 FOLLY DRIVE 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 FOLLY DRIVE sales from November 2010 and June 2017 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 November 2010 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2017 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 3 FOLLY DRIVE?

3 FOLLY DRIVE is 120m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 20% of detached houses in Ditcheat, based on EPC data. The below chart shows the distribution of detached houses by size in Ditcheat, and where 3 FOLLY DRIVE lies on this distribution: 14% of detached houses are smaller than 3 FOLLY DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Ditcheat.

3 FOLLY DRIVE: Plot and Title Map

3 FOLLY DRIVE sits on a plot of roughly 0.414 of an acre, or 1,676m². The below map shows the location of 3 FOLLY DRIVE, 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 FOLLY DRIVE). 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 FOLLY DRIVE?

3 FOLLY DRIVE is located in DITCHEAT, in the BA4 postcode district. The below map shows the position of No. 3 on FOLLY DRIVE.