1, PRENTICE CLOSE, FARNBOROUGH, GU14 8HB - £177,000

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 PRENTICE CLOSE is a midsized extended detached house of 115m², built sometime between 1950 and 1966, which could now be worth an estimated £355,635. It was last sold for £177,000 in January 2006, which was around 39% below the average January 2006 detached price in the Rushmoor local authority area. The most recent EPC inspection was October 2024, where the current energy rating was C, and the potential energy rating was B.

1 PRENTICE CLOSE Sold Prices

Land registry data shows two sales for 1 PRENTICE CLOSE 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 PRENTICE CLOSE sales were for below 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
2006 19 JAN	£177,000	£288,445	39% below HPI
2001 11 OCT	£113,000	£233,489	52% below HPI

1 PRENTICE CLOSE 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 PRENTICE CLOSE sales from October 2001 and January 2006 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 2001 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the January 2006 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 1 PRENTICE CLOSE be worth now?

1 PRENTICE CLOSE might now be worth an estimated £355,635.

This is based on house price inflation of 100.9%, between January 2006 and February 2025, 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 100.9% inflationary increase is applied to the most recent sale price for 1 PRENTICE CLOSE of £177,000 on 19th January 2006. For the value to have increased from £177,000 to £355,635 over the eighteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1 PRENTICE CLOSE has moved in line with the HPI for detached houses in the Rushmoor local authority area.
• The January 2006 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PRENTICE CLOSE has not materially changed since January 2006.

How Large is 1 PRENTICE CLOSE?

1 PRENTICE CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in October 2024. This puts it in the largest 50% 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 PRENTICE CLOSE lies on this distribution: 49% of detached houses houses are smaller than 1 PRENTICE CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

1 PRENTICE CLOSE: Plot and Title Map

1 PRENTICE CLOSE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 1 PRENTICE CLOSE, 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 PRENTICE CLOSE). 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 PRENTICE CLOSE?

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