15, MARJORAM CLOSE, FARNBOROUGH, GU14 9XB - £565,000

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

15 MARJORAM CLOSE is a midsized detached house of 123m², built sometime between 1983 and 1990. It was last sold for £565,000 in April 2020, which was around 11% above the average April 2020 detached price in the Rushmoor local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

15 MARJORAM CLOSE Sold Prices

Land registry data shows four sales for 15 MARJORAM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. All of the four 15 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
2020 24 APR	£565,000	£508,995	11% above HPI
2015 26 MAR	£555,000	£413,429	34% above HPI
2001 13 DEC	£289,000	£240,515	20% above HPI
1998 20 JUL	£213,000	£146,551	45% above HPI

15 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 four 15 MARJORAM CLOSE sales between July 1998 and April 2020 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 March 2015 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the April 2020 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 15 MARJORAM CLOSE be worth now?

15 MARJORAM CLOSE might now be worth an estimated £630,541.

This is based on house price inflation of 11.6%, between April 2020 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 11.6% inflationary increase is applied to the most recent sale price for 15 MARJORAM CLOSE of £565,000 on 24th April 2020. For the value to have increased from £565,000 to £630,541 over the three years and four months to December 2024, the following assumptions must hold true:

• The value of 15 MARJORAM CLOSE has moved in line with the HPI for detached houses in the Rushmoor local authority area.
• The April 2020 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MARJORAM CLOSE has not materially changed since April 2020.

How Large is 15 MARJORAM CLOSE?

15 MARJORAM CLOSE is 123m² according to the EPC inspection conducted in October 2014. This puts it in the largest 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 15 MARJORAM CLOSE lies on this distribution: 58% of detached houses houses are smaller than 15 MARJORAM CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

15 MARJORAM CLOSE: Plot and Title Map

15 MARJORAM CLOSE sits on a plot of roughly 0.187 of an acre, or 757m². The below map shows the location of 15 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 15 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 15 MARJORAM CLOSE?

15 MARJORAM CLOSE is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 15 on MARJORAM CLOSE.