29, GRIFFON CLOSE, FARNBOROUGH, GU14 0PG - £385,000

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

29 GRIFFON CLOSE is a very small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £385,000 in June 2017, which was around 24% below the average June 2017 detached price in the Rushmoor local authority area. The most recent EPC inspection was November 2024, where the current energy rating was C, and the potential energy rating was B.

29 GRIFFON CLOSE Sold Prices

Land registry data shows two sales for 29 GRIFFON 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 29 GRIFFON 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
2017 29 JUN	£385,000	£508,662	24% below HPI
1998 29 JUN	£119,500	£144,825	17% below HPI

29 GRIFFON 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 29 GRIFFON CLOSE sales from June 1998 and June 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 June 1998 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 29 GRIFFON CLOSE be worth now?

29 GRIFFON CLOSE might now be worth an estimated £429,942.

This is based on house price inflation of 11.7%, between June 2017 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 11.7% inflationary increase is applied to the most recent sale price for 29 GRIFFON CLOSE of £385,000 on 29th June 2017. For the value to have increased from £385,000 to £429,942 over the six years and six months to December 2024, the following assumptions must hold true:

• The value of 29 GRIFFON CLOSE has moved in line with the HPI for detached houses in the Rushmoor local authority area.
• The June 2017 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 29 GRIFFON CLOSE has not materially changed since June 2017.

How Large is 29 GRIFFON CLOSE?

29 GRIFFON CLOSE is 76m² according to the EPC inspection conducted in November 2024. This puts it in the smallest 10% 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 29 GRIFFON CLOSE lies on this distribution: 6% of detached houses houses are smaller than 29 GRIFFON CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

29 GRIFFON CLOSE: Plot and Title Map

29 GRIFFON CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 29 GRIFFON 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 29 GRIFFON 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 29 GRIFFON CLOSE?

29 GRIFFON CLOSE is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 29 on GRIFFON CLOSE.