32, FOLLY LANE, HEREFORD, HR1 1LX - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

32 FOLLY LANE is a large extended detached house of 144m², built sometime between 1930 and 1949. It was last sold for £250,000 in December 2010, which was around 8% below the average December 2010 detached price in the Herefordshire local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

32 FOLLY LANE Sold Prices

Land registry data shows three sales for 32 FOLLY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Two of the three 32 FOLLY LANE sales were for below the average price, whilst one 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
2010 21 DEC	£250,000	£271,804	8% below HPI
2002 14 NOV	£213,000	£190,176	12% above HPI
1998 14 AUG	£79,000	£105,237	25% below HPI

32 FOLLY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The three 32 FOLLY LANE sales between August 1998 and December 2010 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 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2010 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 32 FOLLY LANE be worth now?

32 FOLLY LANE might now be worth an estimated £402,331.

This is based on house price inflation of 60.9%, between December 2010 and December 2024, for detached houses, in the Herefordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.9% inflationary increase is applied to the most recent sale price for 32 FOLLY LANE of £250,000 on 21st December 2010. For the value to have increased from £250,000 to £402,331 over the fourteen years to December 2024, the following assumptions must hold true:

• The value of 32 FOLLY LANE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The December 2010 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 32 FOLLY LANE has not materially changed since December 2010.

How Large is 32 FOLLY LANE?

32 FOLLY LANE is 144m², which includes two extensions, according to the EPC inspection conducted in October 2008. This puts it in the largest 30% of detached houses houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hereford, and where 32 FOLLY LANE lies on this distribution: 77% of detached houses houses are smaller than 32 FOLLY LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Hereford.

32 FOLLY LANE: Plot and Title Map

32 FOLLY LANE sits on a plot of roughly 0.271 of an acre, or 1,095m². The below map shows the location of 32 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 32 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 32 FOLLY LANE?

32 FOLLY LANE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 32 on FOLLY LANE.