12, SOUTHERN WAY, FARNBOROUGH, GU14 0RE - £685,000

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

12 SOUTHERN WAY is a midsized extended detached house of 112m², built sometime between 1996 and 2002. It was last sold for £685,000 in August 2022, which was around 13% above the average August 2022 detached price in the Rushmoor local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

12 SOUTHERN WAY Sold Prices

Land registry data shows three sales for 12 SOUTHERN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. All of the three 12 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
2022 15 AUG	£685,000	£607,080	13% above HPI
2011 6 JAN	£378,000	£331,532	14% above HPI
2001 23 FEB	£229,950	£206,895	11% above HPI

12 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 three 12 SOUTHERN WAY sales between February 2001 and August 2022 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 January 2011 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2022 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 12 SOUTHERN WAY?

12 SOUTHERN WAY is 112m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the smallest 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 12 SOUTHERN WAY lies on this distribution: 46% of detached houses are smaller than 12 SOUTHERN WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

12 SOUTHERN WAY: Plot and Title Map

12 SOUTHERN WAY sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 12 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 12 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 12 SOUTHERN WAY?

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