1, FOLLY DRIVE, HEREFORD, HR1 1NE - £280,000

1 FOLLY DRIVE is a small extended detached house of 99m², built sometime between 1930 and 1949. It was last sold for £280,000 in April 2022, which was around 34% below the average April 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

1 FOLLY DRIVE Sold Prices

Land registry data shows two sales for 1 FOLLY DRIVE 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. Both of the two 1 FOLLY DRIVE sales were for below 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
2022 13 APR	£280,000	£425,642	34% below HPI
2007 29 JAN	£200,000	£276,428	28% below HPI

1 FOLLY DRIVE 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 1 FOLLY DRIVE sales from January 2007 and April 2022 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 January 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2022 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 1 FOLLY DRIVE?

1 FOLLY DRIVE is 99m², which includes four extensions, according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses by size in Hereford, and where 1 FOLLY DRIVE lies on this distribution: 33% of detached houses are smaller than 1 FOLLY DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Hereford.

1 FOLLY DRIVE: Plot and Title Map

1 FOLLY DRIVE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 1 FOLLY DRIVE, 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 DRIVE). 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 DRIVE?

1 FOLLY DRIVE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 1 on FOLLY DRIVE.