2, GORSE LANE, WRECCLESHAM, FARNHAM, GU10 4SD - £1,320,000

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 GORSE LANE is a very large detached house of 232m², built sometime between 1900 and 1929. It was last sold for £1,320,000 in December 2017, which was around 79% above the average December 2017 detached price in the Waverley local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

2 GORSE LANE Sold Prices

Land registry data shows four sales for 2 GORSE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. All of the four 2 GORSE LANE sales were 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
2017 8 DEC	£1,320,000	£738,584	79% above HPI
2014 28 AUG	£1,148,000	£609,824	88% above HPI
2007 28 NOV	£1,000,000	£527,421	90% above HPI
1997 21 NOV	£250,000	£200,275	25% above HPI

2 GORSE 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 four 2 GORSE LANE sales between November 1997 and December 2017 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 August 2014 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the December 2017 sale, where it falls to 79% above the HPI. The line then continues to track at 79% above the HPI.

How Large is 2 GORSE LANE?

2 GORSE LANE is 232m² according to the EPC inspection conducted in May 2014. This puts it in the largest 10% of detached houses in Shortheath, based on EPC data. The below chart shows the distribution of detached houses by size in Shortheath, and where 2 GORSE LANE lies on this distribution: 91% of detached houses are smaller than 2 GORSE LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Shortheath.

2 GORSE LANE: Plot and Title Map

2 GORSE LANE sits on a plot of roughly 0.386 of an acre, or 1,561m². The below map shows the location of 2 GORSE 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 2 GORSE 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 2 GORSE LANE?

2 GORSE LANE is located in WRECCLESHAM, in the GU10 postcode district. The below map shows the position of No. 2 on GORSE LANE.