3, THE GROVE, FARNHAM, GU9 7GB - £599,000

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 THE GROVE is a midsized extended detached house of 143m², built sometime from 2007 onwards. It was last sold for £599,000 in January 2021, which was around 22% below the average January 2021 detached price in the Waverley local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

3 THE GROVE Sold Prices

Land registry data shows two sales for 3 THE GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. Both of the two 3 THE GROVE 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
2021 14 JAN	£599,000	£770,062	22% below HPI
2009 24 JUL	£385,000	£440,598	13% below HPI

3 THE GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The two 3 THE GROVE sales from July 2009 and January 2021 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 July 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 THE GROVE?

3 THE GROVE is 143m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 50% of detached houses in Farnham, based on EPC data. The below chart shows the distribution of detached houses by size in Farnham, and where 3 THE GROVE lies on this distribution: 42% of detached houses are smaller than 3 THE GROVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Farnham.

3 THE GROVE: Plot and Title Map

3 THE GROVE sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 3 THE GROVE, 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 THE GROVE). 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 THE GROVE?

3 THE GROVE is located in FARNHAM, in the GU9 postcode district. The below map shows the position of No. 3 on THE GROVE.