3, THE WREKIN, FARNBOROUGH, GU14 6TT - £247,000

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 WREKIN is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £247,000 in December 2011, which was around 28% below the average December 2011 detached price in the Rushmoor local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

3 THE WREKIN Sold Prices

Land registry data shows five sales for 3 THE WREKIN since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. All of the five 3 THE WREKIN 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
2011 22 DEC	£247,000	£341,330	28% below HPI
2006 23 JUN	£236,000	£301,486	22% below HPI
2002 19 JUL	£194,950	£256,850	24% below HPI
1999 2 JUL	£123,000	£159,232	23% below HPI
1997 22 AUG	£96,950	£134,591	28% below HPI

3 THE WREKIN 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 five 3 THE WREKIN sales between August 1997 and December 2011 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 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2011 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 THE WREKIN?

3 THE WREKIN is 72m² according to the EPC inspection conducted in March 2011. 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 THE WREKIN lies on this distribution: 5% of detached houses are smaller than 3 THE WREKIN, and 95% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

3 THE WREKIN: Plot and Title Map

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

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