16, HERMITAGE CLOSE, FARNBOROUGH, GU14 6UQ - £225,000

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

16 HERMITAGE CLOSE is a small extended detached house of 94m², built sometime between 1983 and 1990. It was last sold for £225,000 in November 2002, which was around 22% below the average November 2002 detached price in the Rushmoor local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

16 HERMITAGE CLOSE Sold Prices

Land registry data shows four sales for 16 HERMITAGE 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 16 HERMITAGE 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
2002 29 NOV	£225,000	£288,604	22% below HPI
1997 12 DEC	£133,000	£141,178	6% below HPI
1997 19 SEP	£121,995	£135,841	10% below HPI
1997 24 JUL	£115,000	£130,891	12% below HPI

16 HERMITAGE 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 16 HERMITAGE CLOSE sales between July 1997 and November 2002 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 December 1997 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2002 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 16 HERMITAGE CLOSE?

16 HERMITAGE CLOSE is 94m², which includes two extensions, according to the EPC inspection conducted in October 2019. 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 HERMITAGE CLOSE lies on this distribution: 25% of detached houses are smaller than 16 HERMITAGE CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

16 HERMITAGE CLOSE: Plot and Title Map

16 HERMITAGE CLOSE sits on a plot of roughly 0.068 of an acre, or 273m². The below map shows the location of 16 HERMITAGE 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 16 HERMITAGE 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 16 HERMITAGE CLOSE?

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