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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 SOUTHERN WAY is a midsized extended detached house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £663,611. It was last sold for £685,000 in August 2022, which was around 15% 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	£598,235	15% above HPI
2011 6 JAN	£378,000	£326,702	16% above HPI
2001 23 FEB	£229,950	£203,881	13% 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 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2022 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 12 SOUTHERN WAY be worth now?

12 SOUTHERN WAY might now be worth an estimated £663,611.

This is based on house price deflation of 3.1%, between August 2022 and February 2025, 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 3.1% deflationary decrease is applied to the most recent sale price for 12 SOUTHERN WAY of £685,000 on 15th August 2022. For the value to have decreased from £685,000 to £663,611 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 12 SOUTHERN WAY has moved in line with the HPI for detached houses in the Rushmoor local authority area.
• The August 2022 sale price of £685,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SOUTHERN WAY has not materially changed since August 2022.

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 houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farnborough, and where 12 SOUTHERN WAY lies on this distribution: 45% of detached houses houses are smaller than 12 SOUTHERN WAY, and 54% 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.