2, GODDARDS CLOSE, FARNBOROUGH, GU14 9GU - £520,000

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

2 GODDARDS CLOSE is a small detached house of 103m², built sometime between 2007 and 2011, which could now be worth an estimated £498,263. It was last sold for £520,000 in July 2024, which was around 12% below the average July 2024 detached price in the Rushmoor local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

2 GODDARDS CLOSE Sold Prices

Land registry data shows two sales for 2 GODDARDS CLOSE 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 2 GODDARDS CLOSE 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 26 JUL	£520,000	£592,820	12% below HPI
2007 17 MAY	£195,000	£332,371	41% below HPI

2 GODDARDS CLOSE 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 2 GODDARDS CLOSE sales from May 2007 and July 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 May 2007 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2024 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 2 GODDARDS CLOSE be worth now?

2 GODDARDS CLOSE might now be worth an estimated £498,263.

This is based on house price deflation of 4.2%, between July 2024 and December 2024, for detached houses, in the Rushmoor local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.2% deflationary decrease is applied to the most recent sale price for 2 GODDARDS CLOSE of £520,000 on 26th July 2024. For the value to have decreased from £520,000 to £498,263 over the seven months to December 2024, the following assumptions must hold true:

• The value of 2 GODDARDS CLOSE has moved in line with the HPI for detached houses in the Rushmoor local authority area.
• The July 2024 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GODDARDS CLOSE has not materially changed since July 2024.

How Large is 2 GODDARDS CLOSE?

2 GODDARDS CLOSE is 103m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% of detached houses houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farnborough, and where 2 GODDARDS CLOSE lies on this distribution: 35% of detached houses houses are smaller than 2 GODDARDS CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

2 GODDARDS CLOSE: Plot and Title Map

2 GODDARDS CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 2 GODDARDS CLOSE, 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 GODDARDS CLOSE). 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 GODDARDS CLOSE?

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