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 MULBERRY WAY is a small extended detached house of 98m², built sometime from 2007 onwards. It was last sold for £355,000 in September 2017, which was around 31% below the average September 2017 detached price in the Rushmoor local authority area. The most recent EPC inspection was August 2009, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 8 MULBERRY WAY since 1st 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 8 MULBERRY 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 |
---|---|---|---|
2017 15 SEP | £355,000 | £513,923 | 31% below HPI |
2014 31 OCT | £325,000 | £408,662 | 20% below HPI |
2007 31 JUL | £287,995 | £341,012 | 16% below HPI |
The below graph shows the average detached house price in the Rushmoor local authority area over time, sourced from the HPI. The three 8 MULBERRY WAY sales between July 2007 and September 2017 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 October 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
8 MULBERRY WAY is 98m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the smallest 40% 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 MULBERRY WAY lies on this distribution: 31% of detached houses are smaller than 8 MULBERRY WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Farnborough.
8 MULBERRY WAY sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 8 MULBERRY 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 MULBERRY 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.
8 MULBERRY WAY is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 8 on MULBERRY WAY.