2, WELBECK CLOSE, FARNBOROUGH, GU14 0HD - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 WELBECK CLOSE is a small extended detached house of 94m², built sometime between 1976 and 1982. It was last sold for £250,000 in October 2004, which was around 18% below the average October 2004 detached price in the Rushmoor local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

2 WELBECK CLOSE Sold Prices

Land registry data shows two sales for 2 WELBECK 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 WELBECK 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
2004 15 OCT	£250,000	£306,502	18% below HPI
2002 26 JUN	£222,500	£248,462	10% below HPI

2 WELBECK 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 WELBECK CLOSE sales from June 2002 and October 2004 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 June 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2004 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 WELBECK CLOSE?

2 WELBECK CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 30% of detached houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 2 WELBECK CLOSE lies on this distribution: 25% of detached houses are smaller than 2 WELBECK CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

2 WELBECK CLOSE: Plot and Title Map

2 WELBECK CLOSE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 2 WELBECK 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 WELBECK 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 WELBECK CLOSE?

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