THE FOLLY, ROMSEY ROAD, NETHER WALLOP, STOCKBRIDGE, SO20 8DT - £815,000

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

THE FOLLY is a large extended detached house of 182m², built sometime between 1967 and 1975. It was last sold for £815,000 in August 2021, which was around 50% above the average August 2021 detached price in the Test Valley local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

THE FOLLY Sold Prices

Land registry data shows three sales for THE FOLLY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. All of the three 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
2021 12 AUG	£815,000	£543,521	50% above HPI
2015 25 JUN	£600,000	£425,700	41% above HPI
2009 20 JAN	£500,000	£326,284	53% above HPI

THE FOLLY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The three THE FOLLY sales between January 2009 and August 2021 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 June 2015 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the August 2021 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is THE FOLLY?

THE FOLLY is 182m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 40% of detached houses in Over Wallop, based on EPC data. The below chart shows the distribution of detached houses by size in Over Wallop, and where THE FOLLY lies on this distribution: 60% of detached houses are smaller than THE FOLLY, and 40% of houses are larger. Note that EPC data is not available for all properties in Over Wallop.

THE FOLLY: Plot and Title Map

THE FOLLY sits on a plot of roughly 0.520 of an acre, or 2,105m². 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 ROMSEY ROAD in NETHER WALLOP, in the SO20 postcode district. The below map shows the position of THE FOLLY on ROMSEY ROAD.