7, GRIFFON CLOSE, FARNBOROUGH, GU14 0PG - £385,000

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

7 GRIFFON CLOSE is a very small extended detached house of 84m², built sometime between 1983 and 1990. It was last sold for £385,000 in February 2021, which was around 27% below the average February 2021 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 B.

7 GRIFFON CLOSE Sold Prices

Land registry data shows three sales for 7 GRIFFON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. All of the three 7 GRIFFON CLOSE 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 15 FEB	£385,000	£529,648	27% below HPI
2009 26 AUG	£249,950	£311,735	20% below HPI
2001 14 AUG	£179,950	£223,002	19% below HPI

7 GRIFFON CLOSE 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 three 7 GRIFFON CLOSE sales between August 2001 and February 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 August 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 7 GRIFFON CLOSE?

7 GRIFFON CLOSE is 84m², which includes one extension, 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 7 GRIFFON CLOSE lies on this distribution: 13% of detached houses are smaller than 7 GRIFFON CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

7 GRIFFON CLOSE: Plot and Title Map

7 GRIFFON CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 7 GRIFFON CLOSE, 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 GRIFFON CLOSE). 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 GRIFFON CLOSE?

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