51, FOLLY LANE, HEREFORD, HR1 1LR - £475,000

51 FOLLY LANE is a very large extended detached house of 246m², built sometime between 1976 and 1982. It was last sold for £475,000 in November 2013, which was around 72% above the average November 2013 detached price in the Herefordshire local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

51 FOLLY LANE Sold Prices

Land registry data shows three sales for 51 FOLLY LANE 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 51 FOLLY LANE 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
2013 14 NOV	£475,000	£275,903	72% above HPI
1999 7 SEP	£167,500	£117,868	42% above HPI
1998 29 APR	£180,000	£98,589	83% above HPI

51 FOLLY LANE 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 51 FOLLY LANE sales between April 1998 and November 2013 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 September 1999 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the November 2013 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

How Large is 51 FOLLY LANE?

51 FOLLY LANE is 246m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the largest 10% of detached houses in Hereford, based on EPC data. The below chart shows the distribution of detached houses by size in Hereford, and where 51 FOLLY LANE lies on this distribution: 97% of detached houses are smaller than 51 FOLLY LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Hereford.

51 FOLLY LANE: Plot and Title Map

51 FOLLY LANE sits on a plot of roughly 0.212 of an acre, or 859m². The below map shows the location of 51 FOLLY LANE, 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 51 FOLLY LANE). 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 51 FOLLY LANE?

51 FOLLY LANE is located in HEREFORD, in the HR1 postcode district. The below map shows the position of No. 51 on FOLLY LANE.