1, FOLLY COTTAGES, HARTS LANE, BURGHCLERE, NEWBURY, RG20 9HF - £375,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 FOLLY COTTAGES is a very small terraced house of 88m², built sometime before 1900, which could now be worth an estimated £478,587. It was last sold for £375,000 in June 2017, which was around 57% above the average June 2017 terraced price in the Basingstoke and Deane local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was C.

1 FOLLY COTTAGES Sold Prices

Land registry data shows six sales for 1 FOLLY COTTAGES since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Basingstoke and Deane local authority area for the corresponding sale date. Most of the six 1 FOLLY COTTAGES 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
2017 29 JUN	£375,000	£238,618	57% above HPI
2015 13 FEB	£350,000	£200,330	75% above HPI
2013 6 JUN	£322,500	£179,270	80% above HPI
2001 6 APR	£173,000	£94,119	84% above HPI
1997 28 JUL	£119,500	£62,353	92% above HPI
1996 21 MAY	£38,500	£53,350	28% below HPI

1 FOLLY COTTAGES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Basingstoke and Deane local authority area over time, sourced from the HPI. The six 1 FOLLY COTTAGES sales between May 1996 and June 2017 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 February 2015 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the June 2017 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 1 FOLLY COTTAGES be worth now?

1 FOLLY COTTAGES might now be worth an estimated £478,587.

This is based on house price inflation of 27.6%, between June 2017 and June 2025, for terraced houses, in the Basingstoke and Deane local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.6% inflationary increase is applied to the most recent sale price for 1 FOLLY COTTAGES of £375,000 on 29th June 2017. For the value to have increased from £375,000 to £478,587 over the eight years to June 2025, the following assumptions must hold true:

• The value of 1 FOLLY COTTAGES has moved in line with the HPI for terraced houses in the Basingstoke and Deane local authority area.
• The June 2017 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FOLLY COTTAGES has not materially changed since June 2017.

How Large is 1 FOLLY COTTAGES?

1 FOLLY COTTAGES is 88m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 20% of terraced houses houses in Burghclere, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Burghclere, and where 1 FOLLY COTTAGES lies on this distribution: 11% of terraced houses houses are smaller than 1 FOLLY COTTAGES, and 89% of houses are larger. Note that EPC data is not available for all properties in Burghclere.

1 FOLLY COTTAGES: Plot and Title Map

1 FOLLY COTTAGES sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 1 FOLLY COTTAGES, 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 1 FOLLY COTTAGES). 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 1 FOLLY COTTAGES?

1 FOLLY COTTAGES is located on HARTS LANE in BURGHCLERE, in the RG20 postcode district. The below map shows the position of 1 FOLLY COTTAGES on HARTS LANE.