43, FOLLY ROAD, WYMONDHAM, NR18 0QT - £225,000

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.

43 FOLLY ROAD is a very small detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £331,678. It was last sold for £225,000 in December 2015, which was around 25% below the average December 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

43 FOLLY ROAD Sold Prices

Land registry data shows three sales for 43 FOLLY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 43 FOLLY ROAD 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
2015 7 DEC	£225,000	£298,547	25% below HPI
2013 19 FEB	£166,800	£245,299	32% below HPI
1999 26 JAN	£66,950	£88,606	24% below HPI

43 FOLLY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 43 FOLLY ROAD sales between January 1999 and December 2015 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 2013 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2015 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 43 FOLLY ROAD be worth now?

43 FOLLY ROAD might now be worth an estimated £331,678.

This is based on house price inflation of 47.4%, between December 2015 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47.4% inflationary increase is applied to the most recent sale price for 43 FOLLY ROAD of £225,000 on 7th December 2015. For the value to have increased from £225,000 to £331,678 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 43 FOLLY ROAD has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The December 2015 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 43 FOLLY ROAD has not materially changed since December 2015.

How Large is 43 FOLLY ROAD?

43 FOLLY ROAD is 76m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 20% of detached houses houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wymondham, and where 43 FOLLY ROAD lies on this distribution: 13% of detached houses houses are smaller than 43 FOLLY ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

43 FOLLY ROAD: Plot and Title Map

43 FOLLY ROAD sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 43 FOLLY ROAD, 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 43 FOLLY ROAD). 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 43 FOLLY ROAD?

43 FOLLY ROAD is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 43 on FOLLY ROAD.