8, MARJORAM CLOSE, FARNBOROUGH, GU14 9XB - £605,000

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 MARJORAM CLOSE is a very large extended detached house of 192m², built sometime between 1983 and 1990. It was last sold for £605,000 in January 2020, which was around 19% above the average January 2020 detached price in the Rushmoor local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

8 MARJORAM CLOSE Sold Prices

Land registry data shows four sales for 8 MARJORAM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. All of the four 8 MARJORAM CLOSE sales were for above 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 9 JAN	£605,000	£508,216	19% above HPI
2015 2 JUL	£522,500	£444,239	18% above HPI
2000 8 SEP	£249,950	£210,913	19% above HPI
1997 16 SEP	£152,000	£135,841	12% above HPI

8 MARJORAM 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 four 8 MARJORAM CLOSE sales between September 1997 and January 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 July 2015 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2020 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 8 MARJORAM CLOSE?

8 MARJORAM CLOSE is 192m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 10% 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 MARJORAM CLOSE lies on this distribution: 94% of detached houses are smaller than 8 MARJORAM CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

8 MARJORAM CLOSE: Plot and Title Map

8 MARJORAM CLOSE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 8 MARJORAM 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 8 MARJORAM 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 8 MARJORAM CLOSE?

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