Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
5 LANCASTER AVENUE is a very large extended detached house of 287m², built sometime between 1900 and 1929. It was last sold for £1,950,000 in October 2023, which was around 122% above the average October 2023 detached price in the Waverley local authority area. The most recent EPC inspection was June 2023, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 5 LANCASTER AVENUE since 1st 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. All of the three 5 LANCASTER AVENUE sales were for above 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 16 OCT | £1,950,000 | £878,827 | 122% above HPI |
2017 8 AUG | £895,000 | £745,157 | 20% above HPI |
2004 28 MAY | £560,500 | £400,576 | 40% above HPI |
The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The three 5 LANCASTER AVENUE sales between May 2004 and October 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 2017 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2023 sale, where it rises to 122% above the HPI. The line then continues to track at 122% above the HPI.
5 LANCASTER AVENUE is 287m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 10% of detached houses in Farnham, based on EPC data. The below chart shows the distribution of detached houses by size in Farnham, and where 5 LANCASTER AVENUE lies on this distribution: 91% of detached houses are smaller than 5 LANCASTER AVENUE, and 9% of houses are larger. Note that EPC data is not available for all properties in Farnham.
5 LANCASTER AVENUE sits on a plot of roughly 0.225 of an acre, or 911m². The below map shows the location of 5 LANCASTER AVENUE, 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 5 LANCASTER AVENUE). 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.
5 LANCASTER AVENUE is located in FARNHAM, in the GU9 postcode district. The below map shows the position of No. 5 on LANCASTER AVENUE.