50, SHIP LANE, FARNBOROUGH, GU14 8BH - £417,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

50 SHIP LANE is a very small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £417,500 in October 2017, which was around 19% below the average October 2017 detached price in the Rushmoor local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

50 SHIP LANE Sold Prices

Land registry data shows two sales for 50 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 50 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
2017 26 OCT	£417,500	£518,412	19% below HPI
2000 31 JUL	£173,000	£208,826	17% below HPI

50 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 50 SHIP LANE sales from July 2000 and October 2017 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 2000 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 50 SHIP LANE?

50 SHIP LANE is 90m² according to the EPC inspection conducted in February 2017. 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 50 SHIP LANE lies on this distribution: 20% of detached houses are smaller than 50 SHIP LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

50 SHIP LANE: Plot and Title Map

50 SHIP LANE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 50 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 50 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 50 SHIP LANE?

50 SHIP LANE is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 50 on SHIP LANE.