2, KING GEORGE CLOSE, FARNBOROUGH, GU14 6PW - £575,000

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 KING GEORGE CLOSE is a midsized detached house of 114m², built sometime between 1996 and 2002, which could now be worth an estimated £892,954. It was last sold for £575,000 in April 2014, which was around 54% above the average April 2014 detached price in the Rushmoor local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

2 KING GEORGE CLOSE Sold Prices

Land registry data shows three sales for 2 KING GEORGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. All of the three 2 KING GEORGE CLOSE 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
2014 30 APR	£575,000	£373,193	54% above HPI
2010 26 AUG	£520,000	£337,110	54% above HPI
2000 6 NOV	£360,000	£204,546	76% above HPI

2 KING GEORGE 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 three 2 KING GEORGE CLOSE sales between November 2000 and April 2014 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 2010 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the April 2014 sale, which was also at 54% above the HPI.

What might 2 KING GEORGE CLOSE be worth now?

2 KING GEORGE CLOSE might now be worth an estimated £892,954.

This is based on house price inflation of 55.3%, between April 2014 and February 2025, 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 55.3% inflationary increase is applied to the most recent sale price for 2 KING GEORGE CLOSE of £575,000 on 30th April 2014. For the value to have increased from £575,000 to £892,954 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of 2 KING GEORGE CLOSE has moved in line with the HPI for detached houses in the Rushmoor local authority area.
• The April 2014 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 2 KING GEORGE CLOSE has not materially changed since April 2014.

How Large is 2 KING GEORGE CLOSE?

2 KING GEORGE CLOSE is 114m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 50% 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 KING GEORGE CLOSE lies on this distribution: 49% of detached houses houses are smaller than 2 KING GEORGE CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

2 KING GEORGE CLOSE: Plot and Title Map

2 KING GEORGE CLOSE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 2 KING GEORGE 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 KING GEORGE 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 KING GEORGE CLOSE?

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