7, THE LAURELS, FARNHAM, GU9 9EG - £545,000

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 THE LAURELS is a midsized extended detached house of 116m², built sometime between 1983 and 1990. It was last sold for £545,000 in October 2020, which was around 31% below the average October 2020 detached price in the Waverley local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was C.

7 THE LAURELS Sold Prices

Land registry data shows four sales for 7 THE LAURELS 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 7 THE LAURELS 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
2020 30 OCT	£545,000	£794,805	31% below HPI
2015 12 FEB	£440,000	£642,961	32% below HPI
2013 7 NOV	£387,000	£573,482	33% below HPI
2002 11 JAN	£238,501	£337,419	29% below HPI

7 THE LAURELS 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 7 THE LAURELS sales between January 2002 and October 2020 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 February 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2020 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 7 THE LAURELS?

7 THE LAURELS is 116m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 50% of detached houses in Weybourne, based on EPC data. The below chart shows the distribution of detached houses by size in Weybourne, and where 7 THE LAURELS lies on this distribution: 42% of detached houses are smaller than 7 THE LAURELS, and 58% of houses are larger. Note that EPC data is not available for all properties in Weybourne.

7 THE LAURELS: Plot and Title Map

7 THE LAURELS sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 7 THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

7 THE LAURELS is located in FARNHAM, in the GU9 postcode district. The below map shows the position of No. 7 on THE LAURELS.