Folly Lane house price trends

The scatter plot below reveals the house price trend for Folly Lane. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only SS5 4S . The blue circles represent individual sales. You can touch or click on each blue dot to see more detail about the specific sales.

View data in table form

There are roughly 55 homes on Folly Lane, we would have expected approximately 7 sales each year given that in the UK people sell their homes on average once every 7 years.
In the last 4 years there have been 9 property sales in Folly Lane with 0 sold as new, averaging roughly 2 home sales per year . The average price per square metre (per square foot) in Folly Lane, Hockley is £4,385 sqm (£407 per sq ft), this is based on the Land Registry price paid of the 9 most recent sales.
The majority of homes in Hockley are now selling for between £3,850 and £4,920 per square metre (£357 and £457 per square foot) , find out more in this local analysis of SS5 4 (Hockley) house prices.
The average size of all the properties on Folly Lane is 140 m2 (1,506 sqft).