3, LAUREL CLOSE, FARNBOROUGH, GU14 0PT - £467,500

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

3 LAUREL CLOSE is a very small detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £450,393. It was last sold for £467,500 in June 2022, which was around 21% below the average June 2022 detached price in the Rushmoor local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

3 LAUREL CLOSE Sold Prices

Land registry data shows four sales for 3 LAUREL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. All of the four 3 LAUREL 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
2022 8 JUN	£467,500	£589,615	21% below HPI
2020 25 SEP	£408,000	£515,914	21% below HPI
2009 16 JUN	£230,000	£289,907	21% below HPI
1999 10 DEC	£140,000	£182,534	23% below HPI

3 LAUREL 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 four 3 LAUREL CLOSE sales between December 1999 and June 2022 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 September 2020 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2022 sale, which was also at 21% below the HPI.

What might 3 LAUREL CLOSE be worth now?

3 LAUREL CLOSE might now be worth an estimated £450,393.

This is based on house price deflation of 3.7%, between June 2022 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 3.7% deflationary decrease is applied to the most recent sale price for 3 LAUREL CLOSE of £467,500 on 8th June 2022. For the value to have decreased from £467,500 to £450,393 over the one year and six months to December 2024, the following assumptions must hold true:

• The value of 3 LAUREL CLOSE has moved in line with the HPI for detached houses in the Rushmoor local authority area.
• The June 2022 sale price of £467,500 represented a fair market value for the property.
• The size, condition, and specification of 3 LAUREL CLOSE has not materially changed since June 2022.

How Large is 3 LAUREL CLOSE?

3 LAUREL CLOSE is 77m² according to the EPC inspection conducted in April 2014. 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 3 LAUREL CLOSE lies on this distribution: 7% of detached houses houses are smaller than 3 LAUREL CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

3 LAUREL CLOSE: Plot and Title Map

3 LAUREL CLOSE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 3 LAUREL 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 LAUREL 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 LAUREL CLOSE?

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