2, CORFE WAY, FARNBOROUGH, GU14 6TS - £495,000

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

2 CORFE WAY is a midsized extended detached house of 115m², built sometime between 1991 and 1995. It was last sold for £495,000 in March 2023, which was around 20% below the average March 2023 detached price in the Rushmoor local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

2 CORFE WAY Sold Prices

Land registry data shows six sales for 2 CORFE WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. All of the six 2 CORFE 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
2023 31 MAR	£495,000	£615,681	20% below HPI
2013 1 MAR	£273,000	£354,246	23% below HPI
2008 2 MAY	£270,000	£353,118	24% below HPI
2007 20 DEC	£280,000	£357,964	22% below HPI
2002 12 DEC	£220,000	£289,745	24% below HPI
1998 31 JUL	£134,950	£148,718	9% below HPI

2 CORFE 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 six 2 CORFE WAY sales between July 1998 and March 2023 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 March 2013 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 CORFE WAY?

2 CORFE WAY is 115m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 50% of detached houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 2 CORFE WAY lies on this distribution: 49% of detached houses are smaller than 2 CORFE WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

2 CORFE WAY: Plot and Title Map

2 CORFE WAY sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 2 CORFE 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 2 CORFE 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 2 CORFE WAY?

2 CORFE WAY is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 2 on CORFE WAY.