49, FOLLY LANE, HEREFORD, HR1 1LR - £365,000

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

49 FOLLY LANE is a very large extended detached house of 164m², built sometime between 1996 and 2002, which could now be worth an estimated £564,931. It was last sold for £365,000 in November 2006, which was around 29% above the average November 2006 detached price in the Herefordshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

49 FOLLY LANE Sold Prices

Land registry data shows two sales for 49 FOLLY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Both of the two 49 FOLLY LANE 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
2006 3 NOV	£365,000	£282,616	29% above HPI
2000 31 JAN	£167,250	£123,789	35% above HPI

49 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 two 49 FOLLY LANE sales from January 2000 and November 2006 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 January 2000 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the November 2006 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 49 FOLLY LANE be worth now?

49 FOLLY LANE might now be worth an estimated £564,931.

This is based on house price inflation of 54.8%, between November 2006 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 54.8% inflationary increase is applied to the most recent sale price for 49 FOLLY LANE of £365,000 on 3rd November 2006. For the value to have increased from £365,000 to £564,931 over the seventeen years and eleven months to December 2024, the following assumptions must hold true:

• The value of 49 FOLLY LANE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The November 2006 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 49 FOLLY LANE has not materially changed since November 2006.

How Large is 49 FOLLY LANE?

49 FOLLY LANE is 164m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 20% 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 49 FOLLY LANE lies on this distribution: 86% of detached houses houses are smaller than 49 FOLLY LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Hereford.

49 FOLLY LANE: Plot and Title Map

49 FOLLY LANE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 49 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 49 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 49 FOLLY LANE?

49 FOLLY LANE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 49 on FOLLY LANE.