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

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 LAUREL CLOSE is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £467,500 in June 2022, which was around 22% 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	£598,333	22% below HPI
2020 25 SEP	£408,000	£523,542	22% below HPI
2009 16 JUN	£230,000	£294,193	22% below HPI
1999 10 DEC	£140,000	£185,233	24% 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2022 sale, which was also at 22% below the HPI.

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 in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 3 LAUREL CLOSE lies on this distribution: 7% of detached houses are smaller than 3 LAUREL CLOSE, and 92% 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.