3, DOWNS CLOSE, FARNBOROUGH, GU14 9GQ - £475,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 DOWNS CLOSE is a very large extended detached house of 158m², built sometime between 2003 and 2006. It was last sold for £475,000 in December 2007, which was around 33% above the average December 2007 detached price in the Rushmoor local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

3 DOWNS CLOSE Sold Prices

Land registry data shows two sales for 3 DOWNS 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 3 DOWNS 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
2007 5 DEC	£475,000	£357,964	33% above HPI
2003 18 JUN	£340,000	£295,349	15% above HPI

3 DOWNS 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 3 DOWNS CLOSE sales from June 2003 and December 2007 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 2003 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2007 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 3 DOWNS CLOSE?

3 DOWNS CLOSE is 158m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 20% of detached houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 3 DOWNS CLOSE lies on this distribution: 84% of detached houses are smaller than 3 DOWNS CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

3 DOWNS CLOSE: Plot and Title Map

3 DOWNS CLOSE sits on a plot of roughly 0.241 of an acre, or 976m². The below map shows the location of 3 DOWNS 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 3 DOWNS 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 3 DOWNS CLOSE?

3 DOWNS CLOSE is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 3 on DOWNS CLOSE.