15, PALMERSTON CLOSE, FARNBOROUGH, GU14 0RL - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 PALMERSTON CLOSE is a very small extended detached house of 77m², built sometime between 1996 and 2002. It was last sold for £240,000 in August 2009, which was around 23% below the average August 2009 detached price in the Rushmoor local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

15 PALMERSTON CLOSE Sold Prices

Land registry data shows six sales for 15 PALMERSTON CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. All of the six 15 PALMERSTON CLOSE sales were for below 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
2009 14 AUG	£240,000	£311,735	23% below HPI
2003 26 SEP	£223,000	£283,986	21% below HPI
2001 27 JUL	£180,000	£219,304	18% below HPI
1999 25 JUN	£136,950	£160,118	14% below HPI
1998 5 JAN	£127,000	£141,927	11% below HPI
1997 22 MAY	£69,995	£124,537	44% below HPI

15 PALMERSTON 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 six 15 PALMERSTON CLOSE sales between May 1997 and August 2009 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 September 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2009 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 15 PALMERSTON CLOSE?

15 PALMERSTON CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% 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 PALMERSTON CLOSE lies on this distribution: 7% of detached houses are smaller than 15 PALMERSTON CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

15 PALMERSTON CLOSE: Plot and Title Map

15 PALMERSTON CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 15 PALMERSTON 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 PALMERSTON 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 PALMERSTON CLOSE?

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