4, ERNEST CLOSE, LOWER BOURNE, FARNHAM, GU10 3NL - £1,195,000

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

4 ERNEST CLOSE is a midsized extended detached house of 170m², built sometime between 1976 and 1982. It was last sold for £1,195,000 in June 2023, which was around 37% above the average June 2023 detached price in the Waverley local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

4 ERNEST CLOSE Sold Prices

Land registry data shows three sales for 4 ERNEST CLOSE since 1^st 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. One of the three 4 ERNEST CLOSE sales was for above the average price, whilst two 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
2023 23 JUN	£1,195,000	£870,919	37% above HPI
2008 15 AUG	£365,000	£511,650	29% below HPI
1995 8 NOV	£125,000	£156,608	20% below HPI

4 ERNEST CLOSE 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 three 4 ERNEST CLOSE sales between November 1995 and June 2023 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 August 2008 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2023 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 4 ERNEST CLOSE?

4 ERNEST CLOSE is 170m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 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 4 ERNEST CLOSE lies on this distribution: 59% of detached houses are smaller than 4 ERNEST CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Farnham.

4 ERNEST CLOSE: Plot and Title Map

4 ERNEST CLOSE sits on a plot of roughly 0.189 of an acre, or 763m². The below map shows the location of 4 ERNEST 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 4 ERNEST 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 4 ERNEST CLOSE?

4 ERNEST CLOSE is located in LOWER BOURNE, in the GU10 postcode district. The below map shows the position of No. 4 on ERNEST CLOSE.