CARMEL, SPOIL LANE, TONGHAM, FARNHAM, GU10 1BP - £840,000

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

CARMEL is a very large detached house of 170m², built sometime between 2003 and 2006. It was last sold for £840,000 in January 2024, which was around 4% below the average January 2024 detached price in the Guildford local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

CARMEL Sold Prices

Land registry data shows three sales for CARMEL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Guildford local authority area for the corresponding sale date. Two of the three CARMEL sales were for below the average price, whilst one was 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
2024 12 JAN	£840,000	£876,189	4% below HPI
2014 8 JUL	£595,000	£642,478	7% below HPI
2004 2 APR	£436,500	£411,606	6% above HPI

CARMEL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Guildford local authority area over time, sourced from the HPI. The three CARMEL sales between April 2004 and January 2024 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 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2024 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is CARMEL?

CARMEL is 170m² according to the EPC inspection conducted in July 2011. This puts it in the largest 20% of detached houses in Tongham, based on EPC data. The below chart shows the distribution of detached houses by size in Tongham, and where CARMEL lies on this distribution: 81% of detached houses are smaller than CARMEL, and 19% of houses are larger. Note that EPC data is not available for all properties in Tongham.

CARMEL: Plot and Title Map

CARMEL sits on a plot of roughly 0.194 of an acre, or 786m². The below map shows the location of CARMEL, 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 CARMEL). 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 CARMEL?

CARMEL is located on SPOIL LANE in TONGHAM, in the GU10 postcode district. The below map shows the position of CARMEL on SPOIL LANE.