4, SHIP LANE, FARNBOROUGH, GU14 8BX - £380,000

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 SHIP LANE is a very small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £380,000 in October 2020, which was around 27% below the average October 2020 detached price in the Rushmoor local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

4 SHIP LANE Sold Prices

Land registry data shows two sales for 4 SHIP LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. Both of the two 4 SHIP LANE 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
2020 9 OCT	£380,000	£518,294	27% below HPI
1998 20 FEB	£120,000	£145,564	18% below HPI

4 SHIP LANE 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 two 4 SHIP LANE sales from February 1998 and October 2020 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 February 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 4 SHIP LANE?

4 SHIP LANE is 89m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% of detached houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 4 SHIP LANE lies on this distribution: 19% of detached houses are smaller than 4 SHIP LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

4 SHIP LANE: Plot and Title Map

4 SHIP LANE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 4 SHIP LANE, 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 SHIP LANE). 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 SHIP LANE?

4 SHIP LANE is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 4 on SHIP LANE.