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 FORD LANE is a midsized extended detached house of 166m², built sometime between 1950 and 1966. It was last sold for £765,000 in November 2020, which was around 1% below the average November 2020 detached price in the Waverley local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 3 FORD LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. All of the three 3 FORD LANE 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 |
---|---|---|---|
2020 4 NOV | £765,000 | £775,278 | 1% below HPI |
2016 8 JAN | £560,000 | £701,392 | 20% below HPI |
1997 18 DEC | £175,000 | £196,683 | 11% below HPI |
The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The three 3 FORD LANE sales between December 1997 and November 2020 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2020 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.
3 FORD LANE is 166m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 40% of detached houses in Shortheath, based on EPC data. The below chart shows the distribution of detached houses by size in Shortheath, and where 3 FORD LANE lies on this distribution: 60% of detached houses are smaller than 3 FORD LANE, and 40% of houses are larger. Note that EPC data is not available for all properties in Shortheath.
3 FORD LANE sits on a plot of roughly 0.159 of an acre, or 645m². The below map shows the location of 3 FORD LANE, 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 FORD LANE). 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.
3 FORD LANE is located in WRECCLESHAM, in the GU10 postcode district. The below map shows the position of No. 3 on FORD LANE.