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

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

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 9% 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	£516,520	9% above HPI
2015 26 MAR	£555,000	£419,542	32% above HPI
2001 13 DEC	£289,000	£244,071	18% above HPI
1998 20 JUL	£213,000	£148,718	43% 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 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the April 2020 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

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 in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 15 MARJORAM CLOSE lies on this distribution: 58% of detached 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.