2, FOLLY DRIVE, HEREFORD, HR1 1NE - £350,000

2 FOLLY DRIVE is a very small extended detached house of 83m², built sometime between 1930 and 1949. It was last sold for £350,000 in March 2022, which was around 18% below the average March 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

2 FOLLY DRIVE Sold Prices

Land registry data shows three sales for 2 FOLLY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the three 2 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 25 MAR	£350,000	£427,126	18% below HPI
2021 18 JUN	£190,000	£380,272	50% below HPI
2007 4 SEP	£230,000	£293,917	22% below HPI

2 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 three 2 FOLLY DRIVE sales between September 2007 and March 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 June 2021 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the March 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 FOLLY DRIVE?

2 FOLLY DRIVE is 83m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% of detached houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses by size in Hereford, and where 2 FOLLY DRIVE lies on this distribution: 16% of detached houses are smaller than 2 FOLLY DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Hereford.

2 FOLLY DRIVE: Plot and Title Map

2 FOLLY DRIVE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 2 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 2 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 2 FOLLY DRIVE?

2 FOLLY DRIVE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 2 on FOLLY DRIVE.