51, SOUTHERN WAY, FARNHAM, GU9 8DF - £425,000

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

51 SOUTHERN WAY is a very small extended detached house of 76m², built sometime between 1983 and 1990. It was last sold for £425,000 in January 2021, which was around 45% below the average January 2021 detached price in the Waverley local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

51 SOUTHERN WAY Sold Prices

Land registry data shows four sales for 51 SOUTHERN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. All of the four 51 SOUTHERN WAY 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
2021 14 JAN	£425,000	£770,062	45% below HPI
2006 11 APR	£294,000	£433,054	32% below HPI
2000 28 APR	£168,000	£282,183	40% below HPI
1998 3 NOV	£138,000	£229,226	40% below HPI

51 SOUTHERN WAY 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 four 51 SOUTHERN WAY sales between November 1998 and January 2021 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 April 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2021 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 51 SOUTHERN WAY?

51 SOUTHERN WAY is 76m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 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 51 SOUTHERN WAY lies on this distribution: 4% of detached houses are smaller than 51 SOUTHERN WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Farnham.

51 SOUTHERN WAY: Plot and Title Map

51 SOUTHERN WAY sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 51 SOUTHERN WAY, 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 51 SOUTHERN WAY). 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 51 SOUTHERN WAY?

51 SOUTHERN WAY is located in FARNHAM, in the GU9 postcode district. The below map shows the position of No. 51 on SOUTHERN WAY.