THE FOLLY, WATLEDGE CLOSE, TEWKESBURY, GL20 5RJ - £290,000

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 very large extended detached house of 193m², built sometime before 1900, which could now be worth an estimated £582,465. It was last sold for £290,000 in January 2009, which was around 15% above the average January 2009 detached price in the Tewkesbury local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

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 Tewkesbury 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
2009 12 JAN	£290,000	£253,065	15% above HPI
2002 28 JUN	£230,000	£196,626	17% above HPI

THE FOLLY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The two THE FOLLY sales from June 2002 and January 2009 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 2002 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the January 2009 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might THE FOLLY be worth now?

THE FOLLY might now be worth an estimated £582,465.

This is based on house price inflation of 100.8%, between January 2009 and February 2025, for detached houses, in the Tewkesbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 100.8% inflationary increase is applied to the most recent sale price for THE FOLLY of £290,000 on 12th January 2009. For the value to have increased from £290,000 to £582,465 over the fifteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of THE FOLLY has moved in line with the HPI for detached houses in the Tewkesbury local authority area.
• The January 2009 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of THE FOLLY has not materially changed since January 2009.

How Large is THE FOLLY?

THE FOLLY is 193m², which includes three extensions, according to the EPC inspection conducted in December 2023. This puts it in the largest 10% of detached houses houses in Tewkesbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tewkesbury, and where THE FOLLY lies on this distribution: 98% of detached houses houses are smaller than THE FOLLY, and 2% of houses are larger. Note that EPC data is not available for all properties in Tewkesbury.

THE FOLLY: Plot and Title Map

THE FOLLY sits on a plot of roughly 0.183 of an acre, or 741m². 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 WATLEDGE CLOSE in TEWKESBURY, in the GL20 postcode district. The below map shows the position of THE FOLLY on WATLEDGE CLOSE.