2, UPPER WAY, FARNHAM, GU9 8RQ - £220,000

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 UPPER WAY is a very small detached house of 52m², built sometime between 1950 and 1966, which could now be worth an estimated £433,019. It was last sold for £220,000 in January 2006, which was around 52% below the average January 2006 detached price in the Waverley local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

2 UPPER WAY Sold Prices

Land registry data shows two sales for 2 UPPER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. Both of the two 2 UPPER 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
2006 27 JAN	£220,000	£462,035	52% below HPI
2002 12 JUL	£165,000	£375,213	56% below HPI

2 UPPER WAY 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 two 2 UPPER WAY sales from July 2002 and January 2006 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 July 2002 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the January 2006 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 2 UPPER WAY be worth now?

2 UPPER WAY might now be worth an estimated £433,019.

This is based on house price inflation of 96.8%, between January 2006 and December 2024, for detached houses, in the Waverley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 96.8% inflationary increase is applied to the most recent sale price for 2 UPPER WAY of £220,000 on 27th January 2006. For the value to have increased from £220,000 to £433,019 over the seventeen years and one month to December 2024, the following assumptions must hold true:

• The value of 2 UPPER WAY has moved in line with the HPI for detached houses in the Waverley local authority area.
• The January 2006 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 2 UPPER WAY has not materially changed since January 2006.

How Large is 2 UPPER WAY?

2 UPPER WAY is 52m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses houses in Farnham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farnham, and where 2 UPPER WAY lies on this distribution: Less than 1% of detached houses houses are smaller than 2 UPPER WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Farnham.

2 UPPER WAY: Plot and Title Map

2 UPPER WAY sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 2 UPPER 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 UPPER 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 UPPER WAY?

2 UPPER WAY is located in FARNHAM, in the GU9 postcode district. The below map shows the position of No. 2 on UPPER WAY.