Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
4 FOLLY LANE is a midsized extended detached house of 113m², built sometime between 1930 and 1949. It was last sold for £350,000 in December 2020, which was around 25% below the average December 2020 detached price in the Stroud local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 4 FOLLY LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. All of the three 4 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 |
---|---|---|---|
2020 21 DEC | £350,000 | £464,335 | 25% below HPI |
2008 15 FEB | £217,000 | £314,150 | 31% below HPI |
1999 5 MAR | £92,000 | £121,490 | 24% below HPI |
The below graph shows the average detached house price in the Stroud local authority area over time, sourced from the HPI. The three 4 FOLLY LANE sales between March 1999 and December 2020 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 February 2008 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
4 FOLLY LANE is 113m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 50% of detached houses in Stroud, based on EPC data. The below chart shows the distribution of detached houses by size in Stroud, and where 4 FOLLY LANE lies on this distribution: 55% of detached houses are smaller than 4 FOLLY LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Stroud.
4 FOLLY LANE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 4 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 4 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.
4 FOLLY LANE is located in STROUD, in the GL5 postcode district. The below map shows the position of No. 4 on FOLLY LANE.