CHENNELS, HEATH LANE, FARNHAM, GU9 0PR - £500,000

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

CHENNELS is a very small detached house of 72m², built sometime between 1983 and 1990. It was last sold for £500,000 in January 2022, which was around 41% below the average January 2022 detached price in the Waverley local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

CHENNELS Sold Prices

Land registry data shows two sales for CHENNELS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. Both of the two CHENNELS 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
2022 6 JAN	£500,000	£841,193	41% below HPI
2007 2 NOV	£270,000	£527,421	49% below HPI

CHENNELS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The two CHENNELS sales from November 2007 and January 2022 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 November 2007 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the January 2022 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is CHENNELS?

CHENNELS is 72m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses in Upper Hale, based on EPC data. The below chart shows the distribution of detached houses by size in Upper Hale, and where CHENNELS lies on this distribution: 5% of detached houses are smaller than CHENNELS, and 93% of houses are larger. Note that EPC data is not available for all properties in Upper Hale.

CHENNELS: Plot and Title Map

CHENNELS sits on a plot of roughly 0.161 of an acre, or 652m². The below map shows the location of CHENNELS, 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 CHENNELS). 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 CHENNELS?

CHENNELS is located on HEATH LANE in FARNHAM, in the GU9 postcode district. The below map shows the position of CHENNELS on HEATH LANE.