16, CHAPEL LANE, FARNBOROUGH, GU14 9BE - £372,500

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.

16 CHAPEL LANE is a small extended detached house of 96m², built sometime between 1950 and 1966, which could now be worth an estimated £418,450. It was last sold for £372,500 in September 2020, which was around 28% below the average September 2020 detached price in the Rushmoor local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

16 CHAPEL LANE Sold Prices

Land registry data shows four sales for 16 CHAPEL LANE 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 16 CHAPEL LANE 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
2020 18 SEP	£372,500	£515,914	28% below HPI
2012 31 AUG	£247,500	£343,780	28% below HPI
2003 29 MAY	£246,000	£291,759	16% below HPI
1995 1 SEP	£67,000	£111,510	40% below HPI

16 CHAPEL LANE 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 16 CHAPEL LANE sales between September 1995 and September 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 August 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2020 sale, which was also at 28% below the HPI.

What might 16 CHAPEL LANE be worth now?

16 CHAPEL LANE might now be worth an estimated £418,450.

This is based on house price inflation of 12.3%, between September 2020 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 12.3% inflationary increase is applied to the most recent sale price for 16 CHAPEL LANE of £372,500 on 18th September 2020. For the value to have increased from £372,500 to £418,450 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 16 CHAPEL LANE has moved in line with the HPI for detached houses in the Rushmoor local authority area.
• The September 2020 sale price of £372,500 represented a fair market value for the property.
• The size, condition, and specification of 16 CHAPEL LANE has not materially changed since September 2020.

How Large is 16 CHAPEL LANE?

16 CHAPEL LANE is 96m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% 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 16 CHAPEL LANE lies on this distribution: 27% of detached houses houses are smaller than 16 CHAPEL LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

16 CHAPEL LANE: Plot and Title Map

16 CHAPEL LANE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 16 CHAPEL 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 16 CHAPEL 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 16 CHAPEL LANE?

16 CHAPEL LANE is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 16 on CHAPEL LANE.