124, SHIP LANE, FARNBOROUGH, GU14 8BJ - £291,000

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.

124 SHIP LANE is a small extended semi-detached house of 97m², built sometime between 1930 and 1949, which could now be worth an estimated £434,268. It was last sold for £291,000 in August 2014, which was around 14% above the average August 2014 semi-detached price in the Rushmoor local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

124 SHIP LANE Sold Prices

Land registry data shows two sales for 124 SHIP LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Rushmoor local authority area for the corresponding sale date. Both of the two 124 SHIP LANE 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
2014 18 AUG	£291,000	£255,686	14% above HPI
2007 13 DEC	£250,000	£231,474	8% above HPI

124 SHIP LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rushmoor local authority area over time, sourced from the HPI. The two 124 SHIP LANE sales from December 2007 and August 2014 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 December 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2014 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 124 SHIP LANE be worth now?

124 SHIP LANE might now be worth an estimated £434,268.

This is based on house price inflation of 49.2%, between August 2014 and February 2025, for semi-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 49.2% inflationary increase is applied to the most recent sale price for 124 SHIP LANE of £291,000 on 18th August 2014. For the value to have increased from £291,000 to £434,268 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 124 SHIP LANE has moved in line with the HPI for semi-detached houses in the Rushmoor local authority area.
• The August 2014 sale price of £291,000 represented a fair market value for the property.
• The size, condition, and specification of 124 SHIP LANE has not materially changed since August 2014.

How Large is 124 SHIP LANE?

124 SHIP LANE is 97m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 30% of semi-detached houses houses in Farnborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Farnborough, and where 124 SHIP LANE lies on this distribution: 28% of semi-detached houses houses are smaller than 124 SHIP LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

124 SHIP LANE: Plot and Title Map

124 SHIP LANE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 124 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 124 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 124 SHIP LANE?

124 SHIP LANE is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 124 on SHIP LANE.