18, HOPE LANE, FARNHAM, GU9 0HZ - £490,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 HOPE LANE is a small detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £549,023. It was last sold for £490,000 in January 2021, which was around 40% below the average January 2021 detached price in the Waverley local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.

18 HOPE LANE Sold Prices

Land registry data shows two sales for 18 HOPE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. Both of the two 18 HOPE 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
2021 5 JAN	£490,000	£811,643	40% below HPI
2012 1 JUN	£327,000	£569,529	43% below HPI

18 HOPE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The two 18 HOPE LANE sales from June 2012 and January 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 June 2012 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the January 2021 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 18 HOPE LANE be worth now?

18 HOPE LANE might now be worth an estimated £549,023.

This is based on house price inflation of 12%, between January 2021 and December 2024, for detached houses, in the Waverley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12% inflationary increase is applied to the most recent sale price for 18 HOPE LANE of £490,000 on 5th January 2021. For the value to have increased from £490,000 to £549,023 over the two years and one month to December 2024, the following assumptions must hold true:

• The value of 18 HOPE LANE has moved in line with the HPI for detached houses in the Waverley local authority area.
• The January 2021 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 18 HOPE LANE has not materially changed since January 2021.

How Large is 18 HOPE LANE?

18 HOPE LANE is 91m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 30% of detached houses houses in Upper Hale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Upper Hale, and where 18 HOPE LANE lies on this distribution: 25% of detached houses houses are smaller than 18 HOPE LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Upper Hale.

18 HOPE LANE: Plot and Title Map

18 HOPE LANE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 18 HOPE 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 18 HOPE 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 18 HOPE LANE?

18 HOPE LANE is located in FARNHAM, in the GU9 postcode district. The below map shows the position of No. 18 on HOPE LANE.