7, FOLLY LANE, WARMINSTER, BA12 8EA - £420,000

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.

7 FOLLY LANE is a very large extended detached house of 208m², built sometime between 1950 and 1966, which could now be worth an estimated £678,492. It was last sold for £420,000 in February 2012, which was around 31% above the average February 2012 detached price in the Wiltshire local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

7 FOLLY LANE Sold Prices

Land registry data shows two sales for 7 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 Wiltshire local authority area for the corresponding sale date. Both of the two 7 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
2012 8 FEB	£420,000	£321,753	31% above HPI
1995 11 DEC	£168,000	£102,018	65% above HPI

7 FOLLY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The two 7 FOLLY LANE sales from December 1995 and February 2012 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 December 1995 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the February 2012 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 7 FOLLY LANE be worth now?

7 FOLLY LANE might now be worth an estimated £678,492.

This is based on house price inflation of 61.5%, between February 2012 and February 2025, for detached houses, in the Wiltshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 61.5% inflationary increase is applied to the most recent sale price for 7 FOLLY LANE of £420,000 on 8th February 2012. For the value to have increased from £420,000 to £678,492 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of 7 FOLLY LANE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The February 2012 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FOLLY LANE has not materially changed since February 2012.

How Large is 7 FOLLY LANE?

7 FOLLY LANE is 208m², which includes four extensions, according to the EPC inspection conducted in June 2011. This puts it in the largest 10% of detached houses houses in Warminster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warminster, and where 7 FOLLY LANE lies on this distribution: 95% of detached houses houses are smaller than 7 FOLLY LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Warminster.

7 FOLLY LANE: Plot and Title Map

7 FOLLY LANE sits on a plot of roughly 0.419 of an acre, or 1,697m². The below map shows the location of 7 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 7 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 7 FOLLY LANE?

7 FOLLY LANE is located in WARMINSTER, in the BA12 postcode district. The below map shows the position of No. 7 on FOLLY LANE.