58, FOLLY LANE, HOCKLEY, SS5 4SJ - £435,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

58 FOLLY LANE is a large extended detached house of 168m², built sometime between 1983 and 1990. It was last sold for £435,000 in May 2013, which was around 32% above the average May 2013 detached price in the Rochford local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

58 FOLLY LANE Sold Prices

Land registry data shows three sales for 58 FOLLY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. All of the three 58 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
2013 13 MAY	£435,000	£330,645	32% above HPI
2000 31 AUG	£232,250	£167,998	38% above HPI
1996 28 JUN	£161,000	£91,730	76% above HPI

58 FOLLY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The three 58 FOLLY LANE sales between June 1996 and May 2013 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 August 2000 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the May 2013 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 58 FOLLY LANE?

58 FOLLY LANE is 168m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the largest 30% of detached houses in Hockley, based on EPC data. The below chart shows the distribution of detached houses by size in Hockley, and where 58 FOLLY LANE lies on this distribution: 71% of detached houses are smaller than 58 FOLLY LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Hockley.

58 FOLLY LANE: Plot and Title Map

58 FOLLY LANE sits on a plot of roughly 0.174 of an acre, or 706m². The below map shows the location of 58 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 58 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 58 FOLLY LANE?

58 FOLLY LANE is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 58 on FOLLY LANE.