FOLLY HOUSE, FOLLY LANE, SHIPHAM, WINSCOMBE, BS25 1TE - £630,000

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

FOLLY HOUSE is a very large extended detached house of 186m², built sometime between 1976 and 1982. It was last sold for £630,000 in February 2017, which was around 91% above the average February 2017 detached price in the Somerset local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

FOLLY HOUSE Sold Prices

Land registry data shows two sales for FOLLY HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two FOLLY HOUSE 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
2017 3 FEB	£630,000	£329,880	91% above HPI
1995 6 OCT	£160,000	£84,487	89% above HPI

FOLLY HOUSE 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 two FOLLY HOUSE sales from October 1995 and February 2017 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 October 1995 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the February 2017 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

How Large is FOLLY HOUSE?

FOLLY HOUSE is 186m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 20% of detached houses in Shipham, based on EPC data. The below chart shows the distribution of detached houses by size in Shipham, and where FOLLY HOUSE lies on this distribution: 81% of detached houses are smaller than FOLLY HOUSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Shipham.

FOLLY HOUSE: Plot and Title Map

FOLLY HOUSE sits on a plot of roughly 1.1 acres, or 4,489m². The below map shows the location of FOLLY HOUSE, 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 HOUSE). 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 HOUSE?

FOLLY HOUSE is located on FOLLY LANE in SHIPHAM, in the BS25 postcode district. The below map shows the position of FOLLY HOUSE on FOLLY LANE.