40, FOLLY LANE, CHEDDLETON, LEEK, ST13 7DA - £220,500

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

40 FOLLY LANE is a small detached house of 97m², built sometime between 1976 and 1982. It was last sold for £220,500 in August 2017, which was around 7% below the average August 2017 detached price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

40 FOLLY LANE Sold Prices

Land registry data shows four sales for 40 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 40 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
2017 9 AUG	£220,500	£236,689	7% below HPI
2017 12 MAY	£160,000	£234,402	32% below HPI
2001 18 MAY	£90,000	£94,166	4% below HPI
1996 14 MAY	£67,000	£68,940	3% below HPI

40 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 40 FOLLY LANE sales between May 1996 and August 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 May 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2017 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 40 FOLLY LANE?

40 FOLLY LANE is 97m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 40% of detached houses in Cheddleton, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddleton, and where 40 FOLLY LANE lies on this distribution: 34% of detached houses are smaller than 40 FOLLY LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Cheddleton.

40 FOLLY LANE: Plot and Title Map

40 FOLLY LANE sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 40 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 40 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 40 FOLLY LANE?

40 FOLLY LANE is located in CHEDDLETON, in the ST13 postcode district. The below map shows the position of No. 40 on FOLLY LANE.