2, MARJORAM CLOSE, FARNBOROUGH, GU14 9XB - £560,000

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 MARJORAM CLOSE is a large extended detached house of 128m², built sometime between 1983 and 1990, which could now be worth an estimated £624,553. It was last sold for £560,000 in July 2019, which was around 10% above the average July 2019 detached price in the Rushmoor local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

2 MARJORAM CLOSE Sold Prices

Land registry data shows two sales for 2 MARJORAM 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 MARJORAM 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
2019 26 JUL	£560,000	£509,327	10% above HPI
2016 29 JAN	£545,000	£472,878	15% above HPI

2 MARJORAM 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 MARJORAM CLOSE sales from January 2016 and July 2019 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 January 2016 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the July 2019 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 2 MARJORAM CLOSE be worth now?

2 MARJORAM CLOSE might now be worth an estimated £624,553.

This is based on house price inflation of 11.5%, between July 2019 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 11.5% inflationary increase is applied to the most recent sale price for 2 MARJORAM CLOSE of £560,000 on 26th July 2019. For the value to have increased from £560,000 to £624,553 over the four years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 MARJORAM CLOSE has moved in line with the HPI for detached houses in the Rushmoor local authority area.
• The July 2019 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MARJORAM CLOSE has not materially changed since July 2019.

How Large is 2 MARJORAM CLOSE?

2 MARJORAM CLOSE is 128m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 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 MARJORAM CLOSE lies on this distribution: 63% of detached houses houses are smaller than 2 MARJORAM CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

2 MARJORAM CLOSE: Plot and Title Map

2 MARJORAM CLOSE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 2 MARJORAM 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 MARJORAM 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 MARJORAM CLOSE?

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