Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
69 FOLLY LANE is a midsized extended detached house of 135m², built sometime between 1967 and 1975. It was last sold for £250,000 in November 2009, which was around 18% below the average November 2009 detached price in the Rochford local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 69 FOLLY LANE since 1st 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. Two of the three 69 FOLLY LANE sales were for below the average price, whilst one 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 |
---|---|---|---|
2009 4 NOV | £250,000 | £306,679 | 18% below HPI |
2007 23 JAN | £260,000 | £309,933 | 16% below HPI |
2004 19 JAN | £275,000 | £272,630 | 1% above HPI |
The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The three 69 FOLLY LANE sales between January 2004 and November 2009 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 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2009 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.
69 FOLLY LANE is 135m², which includes two extensions, according to the EPC inspection conducted in April 2009. This puts it in the smallest 50% of detached houses in Hockley, based on EPC data. The below chart shows the distribution of detached houses by size in Hockley, and where 69 FOLLY LANE lies on this distribution: 50% of detached houses are smaller than 69 FOLLY LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Hockley.
69 FOLLY LANE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 69 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 69 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.
69 FOLLY LANE is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 69 on FOLLY LANE.