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
5 THE FOLLY is a very large extended detached house of 218m², built sometime between 1950 and 1966. It was last sold for £595,000 in August 2016, which was around 11% below the average August 2016 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 5 THE FOLLY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. One of the two 5 THE FOLLY sales was for below the average price, whilst the other 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 |
---|---|---|---|
2016 5 AUG | £595,000 | £669,035 | 11% below HPI |
2006 28 APR | £424,000 | £390,448 | 9% above HPI |
The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The two 5 THE FOLLY sales from April 2006 and August 2016 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 April 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
5 THE FOLLY is 218m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 10% of detached houses in Buntingford, based on EPC data. The below chart shows the distribution of detached houses by size in Buntingford, and where 5 THE FOLLY lies on this distribution: 97% of detached houses are smaller than 5 THE FOLLY, and 3% of houses are larger. Note that EPC data is not available for all properties in Buntingford.
5 THE FOLLY sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 5 THE FOLLY, 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 5 THE FOLLY). 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.
5 THE FOLLY is located in BUNTINGFORD, in the SG9 postcode district. The below map shows the position of No. 5 on THE FOLLY.