1, PENNS WOOD, FARNBOROUGH, GU14 6RB - £525,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 PENNS WOOD is a large extended detached house of 140m², built sometime between 1967 and 1975. It was last sold for £525,000 in January 2016, which was around 11% above the average January 2016 detached price in the Rushmoor local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

1 PENNS WOOD Sold Prices

Land registry data shows two sales for 1 PENNS WOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. Both of the two 1 PENNS WOOD 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
2016 8 JAN	£525,000	£472,878	11% above HPI
2003 17 OCT	£325,000	£281,469	15% above HPI

1 PENNS WOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushmoor local authority area over time, sourced from the HPI. The two 1 PENNS WOOD sales from October 2003 and January 2016 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 October 2003 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2016 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 1 PENNS WOOD be worth now?

1 PENNS WOOD might now be worth an estimated £630,650.

This is based on house price inflation of 20.1%, between January 2016 and December 2024, for detached houses, in the Rushmoor local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.1% inflationary increase is applied to the most recent sale price for 1 PENNS WOOD of £525,000 on 8th January 2016. For the value to have increased from £525,000 to £630,650 over the seven years and one month to December 2024, the following assumptions must hold true:

• The value of 1 PENNS WOOD has moved in line with the HPI for detached houses in the Rushmoor local authority area.
• The January 2016 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PENNS WOOD has not materially changed since January 2016.

How Large is 1 PENNS WOOD?

1 PENNS WOOD is 140m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 30% of detached houses houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farnborough, and where 1 PENNS WOOD lies on this distribution: 73% of detached houses houses are smaller than 1 PENNS WOOD, and 26% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

1 PENNS WOOD: Plot and Title Map

1 PENNS WOOD sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 1 PENNS WOOD, 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 PENNS WOOD). 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 PENNS WOOD?

1 PENNS WOOD is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 1 on PENNS WOOD.