THE FOLLY, FOLLY ROAD, LAMBOURN, HUNGERFORD, RG17 8QE - £915,000

THE FOLLY is a very large extended detached house of 325m², built sometime between 1930 and 1949. It was last sold for £915,000 in August 2010, which was around 132% above the average August 2010 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

THE FOLLY Sold Prices

Land registry data shows three sales for THE FOLLY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the three THE FOLLY 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
2010 19 AUG	£915,000	£394,850	132% above HPI
2008 12 JUN	£875,000	£394,047	122% above HPI
2006 17 NOV	£525,000	£372,795	41% above HPI

THE FOLLY Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The three THE FOLLY sales between November 2006 and August 2010 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 2008 sale was for 122% above the HPI. So the extrapolation line tracks at 122% above the HPI over time, until the August 2010 sale, where it rises to 132% above the HPI. The line then continues to track at 132% above the HPI.

How Large is THE FOLLY?

THE FOLLY is 325m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 10% of detached houses in Lambourn, based on EPC data. The below chart shows the distribution of detached houses by size in Lambourn, and where THE FOLLY lies on this distribution: 96% of detached houses are smaller than THE FOLLY, and 4% of houses are larger. Note that EPC data is not available for all properties in Lambourn.

THE FOLLY: Plot and Title Map

THE FOLLY sits on a plot of roughly 0.628 of an acre, or 2,543m². The below map shows the location of THE FOLLY, 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 THE FOLLY). 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 THE FOLLY?

THE FOLLY is located on FOLLY ROAD in LAMBOURN, in the RG17 postcode district. The below map shows the position of THE FOLLY on FOLLY ROAD.