12, MARJORAM CLOSE, FARNBOROUGH, GU14 9XB - £405,000

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

12 MARJORAM CLOSE is a large detached house of 147m², built sometime between 1983 and 1990, which could now be worth an estimated £718,990. It was last sold for £405,000 in December 2009, which was around 27% above the average December 2009 detached price in the Rushmoor local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was D.

12 MARJORAM CLOSE Sold Prices

Land registry data shows two sales for 12 MARJORAM 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 12 MARJORAM CLOSE 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
2009 22 DEC	£405,000	£319,971	27% above HPI
2001 29 JUN	£275,000	£216,004	27% above HPI

12 MARJORAM 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 12 MARJORAM CLOSE sales from June 2001 and December 2009 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 June 2001 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2009 sale, which was also at 27% above the HPI.

What might 12 MARJORAM CLOSE be worth now?

12 MARJORAM CLOSE might now be worth an estimated £718,990.

This is based on house price inflation of 77.5%, between December 2009 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 77.5% inflationary increase is applied to the most recent sale price for 12 MARJORAM CLOSE of £405,000 on 22nd December 2009. For the value to have increased from £405,000 to £718,990 over the fifteen years to December 2024, the following assumptions must hold true:

• The value of 12 MARJORAM CLOSE has moved in line with the HPI for detached houses in the Rushmoor local authority area.
• The December 2009 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MARJORAM CLOSE has not materially changed since December 2009.

How Large is 12 MARJORAM CLOSE?

12 MARJORAM CLOSE is 147m² according to the EPC inspection conducted in August 2009. 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 12 MARJORAM CLOSE lies on this distribution: 78% of detached houses houses are smaller than 12 MARJORAM CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

12 MARJORAM CLOSE: Plot and Title Map

12 MARJORAM CLOSE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 12 MARJORAM 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 12 MARJORAM 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 12 MARJORAM CLOSE?

12 MARJORAM CLOSE is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 12 on MARJORAM CLOSE.