12, PALMERSTON CLOSE, FARNBOROUGH, GU14 0RL - £380,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 PALMERSTON CLOSE is a very small detached house of 89m², built sometime between 1991 and 1995. It was last sold for £380,000 in September 2016, which was around 25% below the average September 2016 detached price in the Rushmoor local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

12 PALMERSTON CLOSE Sold Prices

Land registry data shows two sales for 12 PALMERSTON 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. One of the two 12 PALMERSTON CLOSE sales was for below the average price, whilst the other was 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 23 SEP	£380,000	£506,733	25% below HPI
1997 25 APR	£137,995	£123,333	12% above HPI

12 PALMERSTON 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 PALMERSTON CLOSE sales from April 1997 and September 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 April 1997 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 12 PALMERSTON CLOSE?

12 PALMERSTON CLOSE is 89m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of detached houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 12 PALMERSTON CLOSE lies on this distribution: 19% of detached houses are smaller than 12 PALMERSTON CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

12 PALMERSTON CLOSE: Plot and Title Map

12 PALMERSTON CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 12 PALMERSTON 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 PALMERSTON 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 PALMERSTON CLOSE?

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