7, ABBEY WAY, FARNBOROUGH, GU14 7DA - £515,000

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

7 ABBEY WAY is a very small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £515,000 in August 2023, which was around 15% below the average August 2023 detached price in the Rushmoor local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

7 ABBEY WAY Sold Prices

Land registry data shows two sales for 7 ABBEY WAY 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 7 ABBEY 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
2023 18 AUG	£515,000	£602,663	15% below HPI
2002 19 JUL	£207,000	£256,850	19% below HPI

7 ABBEY WAY 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 7 ABBEY WAY sales from July 2002 and August 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 July 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 ABBEY WAY?

7 ABBEY WAY is 85m², which includes one extension, according to the EPC inspection conducted in May 2023. 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 7 ABBEY WAY lies on this distribution: 14% of detached houses are smaller than 7 ABBEY WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

7 ABBEY WAY: Plot and Title Map

7 ABBEY WAY sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 7 ABBEY 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 7 ABBEY 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 7 ABBEY WAY?

7 ABBEY WAY is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 7 on ABBEY WAY.