THE FOLLY, SHAROW LANE, SHAROW, RIPON, HG4 5BH - £550,000

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

THE FOLLY is a very large extended detached house of 238m², built sometime between 1930 and 1949. It was last sold for £550,000 in April 2005, which was around 122% above the average April 2005 detached price in the North Yorkshire local authority area. The most recent EPC inspection was July 2024, 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 North Yorkshire 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
2005 15 APR	£550,000	£247,509	122% above HPI
2004 9 JUN	£280,000	£233,534	20% above HPI

THE FOLLY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Yorkshire local authority area over time, sourced from the HPI. The two THE FOLLY sales from June 2004 and April 2005 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 2004 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the April 2005 sale, where it rises to 122% above the HPI. The line then continues to track at 122% above the HPI.

How Large is THE FOLLY?

THE FOLLY is 238m², which includes four extensions, according to the EPC inspection conducted in July 2024. This puts it in the largest 20% of detached houses in Sharow, based on EPC data. The below chart shows the distribution of detached houses by size in Sharow, and where THE FOLLY lies on this distribution: 87% of detached houses are smaller than THE FOLLY, and 13% of houses are larger. Note that EPC data is not available for all properties in Sharow.

THE FOLLY: Plot and Title Map

THE FOLLY sits on a plot of roughly 2.9 acres, or 11,583m². 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 SHAROW LANE in SHAROW, in the HG4 postcode district. The below map shows the position of THE FOLLY on SHAROW LANE.