THE FOLLY, ABBEY LANE, SAFFRON WALDEN, CB10 1AG - £895,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

THE FOLLY is a large detached house of 136m², built sometime between 1967 and 1975. It was last sold for £895,000 in September 2020, which was around 43% above the average September 2020 detached price in the Uttlesford local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

THE FOLLY Sold Prices

Land registry data shows two sales for THE FOLLY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. Both of the two THE FOLLY 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
2020 25 SEP	£895,000	£623,894	43% above HPI
2013 4 JAN	£725,000	£412,899	76% above HPI

THE FOLLY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Uttlesford local authority area over time, sourced from the HPI. The two THE FOLLY sales from January 2013 and September 2020 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 2013 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the September 2020 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is THE FOLLY?

THE FOLLY is 136m² according to the EPC inspection conducted in March 2020. This puts it in the largest 40% of detached houses in Saffron Walden, based on EPC data. The below chart shows the distribution of detached houses by size in Saffron Walden, and where THE FOLLY lies on this distribution: 60% of detached houses are smaller than THE FOLLY, and 39% of houses are larger. Note that EPC data is not available for all properties in Saffron Walden.

THE FOLLY: Plot and Title Map

THE FOLLY sits on a plot of roughly 0.206 of an acre, or 834m². The below map shows the location of THE FOLLY, 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 THE FOLLY). 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 THE FOLLY?

THE FOLLY is located on ABBEY LANE in SAFFRON WALDEN, in the CB10 postcode district. The below map shows the position of THE FOLLY on ABBEY LANE.