118, SHIP LANE, FARNBOROUGH, GU14 8BH - £271,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

118 SHIP LANE is a small semi-detached house of 95m², built sometime between 1930 and 1949. It was last sold for £271,000 in August 2013, which was around 25% below the average August 2013 detached price in the Rushmoor local authority area. The most recent EPC inspection was November 2023, where the current energy rating was E, and the potential energy rating was D.

118 SHIP LANE Sold Prices

Land registry data shows two sales for 118 SHIP LANE 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 118 SHIP LANE 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
2013 23 AUG	£271,000	£359,963	25% below HPI
1999 28 MAY	£124,950	£157,038	20% below HPI

118 SHIP LANE 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 118 SHIP LANE sales from May 1999 and August 2013 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 May 1999 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2013 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 118 SHIP LANE?

118 SHIP LANE is 95m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 30% of detached houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 118 SHIP LANE lies on this distribution: 26% of detached houses are smaller than 118 SHIP LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

118 SHIP LANE: Plot and Title Map

118 SHIP LANE sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of 118 SHIP LANE, 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 118 SHIP LANE). 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 118 SHIP LANE?

118 SHIP LANE is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 118 on SHIP LANE.