FOLLY COTTAGE, THE FOLLY, DITCHEAT, SHEPTON MALLET, BA4 6QS - £250,000

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

FOLLY COTTAGE is a very small extended detached house of 106m², built sometime before 1900. It was last sold for £250,000 in July 2014, which was around 14% below the average July 2014 detached price in the Somerset local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

FOLLY COTTAGE Sold Prices

Land registry data shows three sales for FOLLY COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three FOLLY COTTAGE sales were for below 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
2014 30 JUL	£250,000	£289,509	14% below HPI
2009 17 NOV	£237,500	£266,152	11% below HPI
2004 20 DEC	£229,000	£255,975	11% below HPI

FOLLY COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The three FOLLY COTTAGE sales between December 2004 and July 2014 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 November 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is FOLLY COTTAGE?

FOLLY COTTAGE is 106m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of detached houses in Ditcheat, based on EPC data. The below chart shows the distribution of detached houses by size in Ditcheat, and where FOLLY COTTAGE lies on this distribution: 5% of detached houses are smaller than FOLLY COTTAGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Ditcheat.

FOLLY COTTAGE: Plot and Title Map

FOLLY COTTAGE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of FOLLY COTTAGE, 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 FOLLY COTTAGE). 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 FOLLY COTTAGE?

FOLLY COTTAGE is located on THE FOLLY in DITCHEAT, in the BA4 postcode district. The below map shows the position of FOLLY COTTAGE on THE FOLLY.