88, PENNINE WAY, FARNBOROUGH, GU14 9JA - £284,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

88 PENNINE WAY is a small semi-detached house of 91m², built sometime between 1976 and 1982, which could now be worth an estimated £445,150. It was last sold for £284,950 in May 2014, which was around 17% above the average May 2014 semi-detached price in the Rushmoor local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

88 PENNINE WAY Sold Prices

Land registry data shows three sales for 88 PENNINE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Rushmoor local authority area for the corresponding sale date. All of the three 88 PENNINE WAY 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
2014 23 MAY	£284,950	£244,250	17% above HPI
2006 12 MAY	£211,000	£193,939	9% above HPI
1998 8 DEC	£104,000	£92,308	13% above HPI

88 PENNINE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rushmoor local authority area over time, sourced from the HPI. The three 88 PENNINE WAY sales between December 1998 and May 2014 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 May 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2014 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 88 PENNINE WAY be worth now?

88 PENNINE WAY might now be worth an estimated £445,150.

This is based on house price inflation of 56.2%, between May 2014 and February 2025, for semi-detached houses, in the Rushmoor local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.2% inflationary increase is applied to the most recent sale price for 88 PENNINE WAY of £284,950 on 23rd May 2014. For the value to have increased from £284,950 to £445,150 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 88 PENNINE WAY has moved in line with the HPI for semi-detached houses in the Rushmoor local authority area.
• The May 2014 sale price of £284,950 represented a fair market value for the property.
• The size, condition, and specification of 88 PENNINE WAY has not materially changed since May 2014.

How Large is 88 PENNINE WAY?

88 PENNINE WAY is 91m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% of semi-detached houses houses in Farnborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Farnborough, and where 88 PENNINE WAY lies on this distribution: 21% of semi-detached houses houses are smaller than 88 PENNINE WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

88 PENNINE WAY: Plot and Title Map

88 PENNINE WAY sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 88 PENNINE 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 88 PENNINE 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 88 PENNINE WAY?

88 PENNINE WAY is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 88 on PENNINE WAY.