Story to follow by the sound of it (4)
I believe the answer is:
tale
'story' is the definition.
(I know that story can be written as tale)
'follow by the sound of it' is the wordplay.
'follow' becomes 'tail' (both can mean to chase or pursue).
'by the sound of it' indicates a 'sounds like' (homophone) clue.
'tail' is a homophone of 'TALE'.
'to' acts as a link.
(Other definitions for tale that I've seen before include "Shakespeare play: 'The Winter's . . . .'" , "Fable" , "'Story, narrative (4)'" , "Story; lie" , "relation" .)