8, ABBEY WAY, FARNBOROUGH, GU14 7DA - £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

8 ABBEY WAY is a small extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £425,000 in November 2019, which was around 16% below the average November 2019 detached price in the Rushmoor local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

8 ABBEY WAY Sold Prices

Land registry data shows two sales for 8 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 8 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
2019 18 NOV	£425,000	£504,284	16% below HPI
2004 27 FEB	£265,000	£293,428	10% below HPI

8 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 8 ABBEY WAY sales from February 2004 and November 2019 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 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 8 ABBEY WAY?

8 ABBEY WAY is 96m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the smallest 30% of detached houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 8 ABBEY WAY lies on this distribution: 27% of detached houses are smaller than 8 ABBEY WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

8 ABBEY WAY: Plot and Title Map

8 ABBEY WAY sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 8 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 8 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 8 ABBEY WAY?

8 ABBEY WAY is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 8 on ABBEY WAY.