54, FOLLY LANE, HOCKLEY, SS5 4SJ - £695,000

54 FOLLY LANE is a midsized detached house of 126m², built sometime between 1976 and 1982. It was last sold for £695,000 in February 2022, which was around 28% above the average February 2022 detached price in the Rochford local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was C.

54 FOLLY LANE Sold Prices

Land registry data shows two sales for 54 FOLLY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. Both of the two 54 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
2022 25 FEB	£695,000	£541,196	28% above HPI
2016 18 MAR	£440,000	£435,833	1% above HPI

54 FOLLY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The two 54 FOLLY LANE sales from March 2016 and February 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 March 2016 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2022 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 54 FOLLY LANE?

54 FOLLY LANE is 126m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 50% of detached houses in Hockley, based on EPC data. The below chart shows the distribution of detached houses by size in Hockley, and where 54 FOLLY LANE lies on this distribution: 44% of detached houses are smaller than 54 FOLLY LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Hockley.

54 FOLLY LANE: Plot and Title Map

54 FOLLY LANE sits on a plot of roughly 0.165 of an acre, or 667m². The below map shows the location of 54 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 54 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 54 FOLLY LANE?

54 FOLLY LANE is located in HOCKLEY, in the SS5 postcode district. The below map shows the position of No. 54 on FOLLY LANE.