16, LANCASTER WAY, FARNBOROUGH, GU14 8JA - £345,000

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

16 LANCASTER WAY is a small detached house of 93m², built sometime between 1967 and 1975. It was last sold for £345,000 in May 2021, which was around 35% below the average May 2021 detached price in the Rushmoor local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

16 LANCASTER WAY Sold Prices

Land registry data shows two sales for 16 LANCASTER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. Both of the two 16 LANCASTER WAY 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
2021 10 MAY	£345,000	£527,646	35% below HPI
2005 16 FEB	£183,000	£301,072	39% below HPI

16 LANCASTER WAY 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 two 16 LANCASTER WAY sales from February 2005 and May 2021 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 February 2005 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 16 LANCASTER WAY?

16 LANCASTER WAY is 93m² according to the EPC inspection conducted in September 2013. 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 LANCASTER WAY lies on this distribution: 24% of detached houses are smaller than 16 LANCASTER WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

16 LANCASTER WAY: Plot and Title Map

16 LANCASTER WAY sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 16 LANCASTER WAY, 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 LANCASTER WAY). 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 LANCASTER WAY?

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