SPINDLEWOOD, BETHEL CLOSE, FARNHAM, GU9 0PZ - £480,000

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

SPINDLEWOOD is a small extended detached house of 93m², built sometime between 1976 and 1982. It was last sold for £480,000 in August 2013, which was around 16% below the average August 2013 detached price in the Waverley local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

SPINDLEWOOD Sold Prices

Land registry data shows two sales for SPINDLEWOOD 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 SPINDLEWOOD 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
2013 30 AUG	£480,000	£570,857	16% below HPI
2006 23 JUN	£395,000	£453,532	13% below HPI

SPINDLEWOOD 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 SPINDLEWOOD sales from June 2006 and August 2013 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 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2013 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is SPINDLEWOOD?

SPINDLEWOOD is 93m², which includes two extensions, according to the EPC inspection conducted in October 2011. This puts it in the smallest 30% 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 SPINDLEWOOD lies on this distribution: 29% of detached houses are smaller than SPINDLEWOOD, and 71% of houses are larger. Note that EPC data is not available for all properties in Upper Hale.

SPINDLEWOOD: Plot and Title Map

SPINDLEWOOD sits on a plot of roughly 0.230 of an acre, or 931m². The below map shows the location of SPINDLEWOOD, 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 SPINDLEWOOD). 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 SPINDLEWOOD?

SPINDLEWOOD is located on BETHEL CLOSE in FARNHAM, in the GU9 postcode district. The below map shows the position of SPINDLEWOOD on BETHEL CLOSE.