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
17 CHAPEL LANE is a small extended detached house of 96m², built sometime between 1930 and 1949. It was last sold for £415,000 in June 2024, which was around 31% below the average June 2024 detached price in the Rushmoor local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 17 CHAPEL LANE since 1st 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 17 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 |
---|---|---|---|
2024 24 JUN | £415,000 | £604,915 | 31% below HPI |
2020 29 OCT | £287,500 | £518,294 | 45% below HPI |
The below graph shows the average detached house price in the Rushmoor local authority area over time, sourced from the HPI. The two 17 CHAPEL LANE sales from October 2020 and June 2024 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 October 2020 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2024 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
17 CHAPEL LANE is 96m², which includes one extension, according to the EPC inspection conducted in March 2023. 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 17 CHAPEL LANE lies on this distribution: 27% of detached houses are smaller than 17 CHAPEL LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Farnborough.
17 CHAPEL LANE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 17 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 17 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.
17 CHAPEL LANE is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 17 on CHAPEL LANE.