THE FOLLY, EWYAS HAROLD, HEREFORD, HR2 0ES - £280,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE FOLLY is a large detached house of 134m², built sometime between 1976 and 1982, which could now be worth an estimated £394,993. It was last sold for £280,000 in December 2015, which was around 10% below the average December 2015 detached price in the Herefordshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, 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 Herefordshire local authority area for the corresponding sale date. One of the two THE FOLLY sales was for below the average price, whilst the other 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
2015 18 DEC	£280,000	£310,076	10% below HPI
1999 26 MAR	£130,000	£108,588	20% above HPI

THE FOLLY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two THE FOLLY sales from March 1999 and December 2015 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 March 1999 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2015 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might THE FOLLY be worth now?

THE FOLLY might now be worth an estimated £394,993.

This is based on house price inflation of 41.1%, between December 2015 and December 2024, for detached houses, in the Herefordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.1% inflationary increase is applied to the most recent sale price for THE FOLLY of £280,000 on 18th December 2015. For the value to have increased from £280,000 to £394,993 over the nine years to December 2024, the following assumptions must hold true:

• The value of THE FOLLY has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The December 2015 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of THE FOLLY has not materially changed since December 2015.

How Large is THE FOLLY?

THE FOLLY is 134m² according to the EPC inspection conducted in May 2015. This puts it in the largest 40% of detached houses houses in Ewyas Harold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ewyas Harold, and where THE FOLLY lies on this distribution: 67% of detached houses houses are smaller than THE FOLLY, and 33% of houses are larger. Note that EPC data is not available for all properties in Ewyas Harold.

THE FOLLY: Plot and Title Map

THE FOLLY sits on a plot of roughly 0.326 of an acre, or 1,321m². 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 in EWYAS HAROLD, in the HR2 postcode district. The below map shows the position of THE FOLLY in EWYAS HAROLD.