FIRBANK, OLD KILN LANE, CHURT, FARNHAM, GU10 2HX - £590,000

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

FIRBANK is a very small detached house of 112m², built sometime between 1967 and 1975. It was last sold for £590,000 in March 2021, which was around 22% below the average March 2021 detached price in the Waverley local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

FIRBANK Sold Prices

Land registry data shows three sales for FIRBANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. All of the three FIRBANK 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
2021 31 MAR	£590,000	£757,302	22% below HPI
2010 19 AUG	£435,000	£529,333	18% below HPI
2007 29 MAY	£355,000	£501,766	29% below HPI

FIRBANK 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 three FIRBANK sales between May 2007 and March 2021 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 August 2010 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is FIRBANK?

FIRBANK is 112m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in Churt, based on EPC data. The below chart shows the distribution of detached houses by size in Churt, and where FIRBANK lies on this distribution: 6% of detached houses are smaller than FIRBANK, and 92% of houses are larger. Note that EPC data is not available for all properties in Churt.

FIRBANK: Plot and Title Map

FIRBANK sits on a plot of roughly 0.110 of an acre, or 443m². The below map shows the location of FIRBANK, 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 FIRBANK). 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 FIRBANK?

FIRBANK is located on OLD KILN LANE in CHURT, in the GU10 postcode district. The below map shows the position of FIRBANK on OLD KILN LANE.