1, GONG HILL DRIVE, LOWER BOURNE, FARNHAM, GU10 3HG - £2,425,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 GONG HILL DRIVE is a very large extended detached house of 383m², built sometime between 1983 and 1990. It was last sold for £2,425,000 in November 2021, which was around 190% above the average November 2021 detached price in the Waverley local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was C.

1 GONG HILL DRIVE Sold Prices

Land registry data shows four sales for 1 GONG HILL DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. All of the four 1 GONG HILL DRIVE 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
2021 8 NOV	£2,425,000	£837,082	190% above HPI
2018 31 JAN	£1,475,000	£731,289	102% above HPI
2000 3 FEB	£767,000	£269,752	184% above HPI
1998 9 SEP	£600,000	£229,068	162% above HPI

1 GONG HILL DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The four 1 GONG HILL DRIVE sales between September 1998 and November 2021 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 January 2018 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the November 2021 sale, where it rises to 190% above the HPI. The line then continues to track at 190% above the HPI.

How Large is 1 GONG HILL DRIVE?

1 GONG HILL DRIVE is 383m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 10% of detached houses in Farnham, based on EPC data. The below chart shows the distribution of detached houses by size in Farnham, and where 1 GONG HILL DRIVE lies on this distribution: 98% of detached houses are smaller than 1 GONG HILL DRIVE, and 2% of houses are larger. Note that EPC data is not available for all properties in Farnham.

1 GONG HILL DRIVE: Plot and Title Map

1 GONG HILL DRIVE sits on a plot of roughly 0.994 of an acre, or 4,024m². The below map shows the location of 1 GONG HILL DRIVE, 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 1 GONG HILL DRIVE). 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 1 GONG HILL DRIVE?

1 GONG HILL DRIVE is located in LOWER BOURNE, in the GU10 postcode district. The below map shows the position of No. 1 on GONG HILL DRIVE.