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
16 CHAPEL LANE is a small extended detached house of 96m², built sometime between 1950 and 1966. It was last sold for £372,500 in September 2020, which was around 29% 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.
Land registry data shows four sales for 16 CHAPEL LANE since 1st 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 | £523,542 | 29% below HPI |
2012 31 AUG | £247,500 | £348,863 | 29% below HPI |
2003 29 MAY | £246,000 | £296,073 | 17% below HPI |
1995 1 SEP | £67,000 | £113,159 | 41% below HPI |
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 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2020 sale, which was also at 29% below the HPI.
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 in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 16 CHAPEL LANE lies on this distribution: 27% of detached houses are smaller than 16 CHAPEL LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Farnborough.
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.
16 CHAPEL LANE is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 16 on CHAPEL LANE.