MEDWEY HOUSE, TRUNK ROAD, FARNBOROUGH, GU14 9SW - £388,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

MEDWEY HOUSE is a small extended detached house of 105m², built sometime between 1996 and 2002. It was last sold for £388,000 in June 2015, which was around 12% below the average June 2015 detached price in the Rushmoor local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

MEDWEY HOUSE Sold Prices

Land registry data shows four sales for MEDWEY HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. Most of the four MEDWEY HOUSE 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
2015 10 JUN	£388,000	£438,689	12% below HPI
2012 26 JUN	£299,950	£345,896	13% below HPI
1999 30 APR	£152,000	£160,479	5% below HPI
1997 28 NOV	£139,950	£138,321	1% above HPI

MEDWEY HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushmoor local authority area over time, sourced from the HPI. The four MEDWEY HOUSE sales between November 1997 and June 2015 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 June 2012 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2015 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is MEDWEY HOUSE?

MEDWEY HOUSE is 105m², which includes one extension, according to the EPC inspection conducted in January 2012. 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 MEDWEY HOUSE lies on this distribution: 39% of detached houses are smaller than MEDWEY HOUSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

MEDWEY HOUSE: Plot and Title Map

MEDWEY HOUSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of MEDWEY HOUSE, 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 MEDWEY HOUSE). 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 MEDWEY HOUSE?

MEDWEY HOUSE is located on TRUNK ROAD in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of MEDWEY HOUSE on TRUNK ROAD.