1B, SCHOOL LANE, LOWER BOURNE, FARNHAM, GU10 3PE - £540,000

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

1B SCHOOL LANE is a very small detached house of 103m², built sometime between 1996 and 2002. It was last sold for £540,000 in January 2016, which was around 23% below the average January 2016 detached price in the Waverley local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

1B SCHOOL LANE Sold Prices

Land registry data shows three sales for 1B SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. Two of the three 1B SCHOOL LANE sales were for below the average price, whilst one was for above 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
2016 13 JAN	£540,000	£701,392	23% below HPI
2001 8 JUN	£345,000	£320,586	8% above HPI
2000 24 NOV	£110,000	£297,772	63% below HPI

1B SCHOOL 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 three 1B SCHOOL LANE sales between November 2000 and January 2016 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 2001 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the January 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1B SCHOOL LANE?

1B SCHOOL LANE is 103m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 20% of detached houses in Farnham, based on EPC data. The below chart shows the distribution of detached houses by size in Farnham, and where 1B SCHOOL LANE lies on this distribution: 16% of detached houses are smaller than 1B SCHOOL LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Farnham.

1B SCHOOL LANE: Plot and Title Map

1B SCHOOL LANE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 1B SCHOOL 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 1B SCHOOL 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 1B SCHOOL LANE?

1B SCHOOL LANE is located in LOWER BOURNE, in the GU10 postcode district. The below map shows the position of No. 1B on SCHOOL LANE.