1, SOUTHERN WAY, FARNBOROUGH, GU14 0RE - £596,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 SOUTHERN WAY is a midsized detached house of 120m², built sometime between 1991 and 1995. It was last sold for £596,000 in September 2021, which was around 8% above the average September 2021 detached price in the Rushmoor local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

1 SOUTHERN WAY Sold Prices

Land registry data shows five sales for 1 SOUTHERN WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. Most of the five 1 SOUTHERN WAY 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 30 SEP	£596,000	£549,445	8% above HPI
2017 26 OCT	£495,000	£518,412	5% below HPI
2007 27 APR	£309,950	£329,813	6% below HPI
2003 14 NOV	£300,000	£294,539	2% above HPI
1995 10 MAR	£139,500	£106,578	31% above HPI

1 SOUTHERN WAY 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 five 1 SOUTHERN WAY sales between March 1995 and September 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 October 2017 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2021 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 1 SOUTHERN WAY?

1 SOUTHERN WAY is 120m² according to the EPC inspection conducted in October 2013. This puts it in the largest 50% of detached houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 1 SOUTHERN WAY lies on this distribution: 55% of detached houses are smaller than 1 SOUTHERN WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

1 SOUTHERN WAY: Plot and Title Map

1 SOUTHERN WAY sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 1 SOUTHERN WAY, 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 SOUTHERN WAY). 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 SOUTHERN WAY?

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