THE GREY HOUSE, LODGE HILL CLOSE, LOWER BOURNE, FARNHAM, GU10 3PJ - £685,000

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

THE GREY HOUSE is a very small extended detached house of 91m², built sometime between 1950 and 1966. It was last sold for £685,000 in January 2018, which was around 6% below the average January 2018 detached price in the Waverley local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

THE GREY HOUSE Sold Prices

Land registry data shows two sales for THE GREY HOUSE 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 THE GREY 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
2018 9 JAN	£685,000	£731,289	6% below HPI
2008 16 MAY	£357,000	£517,096	31% below HPI

THE GREY HOUSE 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 THE GREY HOUSE sales from May 2008 and January 2018 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 May 2008 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2018 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is THE GREY HOUSE?

THE GREY HOUSE is 91m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses in Farnham, based on EPC data. The below chart shows the distribution of detached houses by size in Farnham, and where THE GREY HOUSE lies on this distribution: 9% of detached houses are smaller than THE GREY HOUSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Farnham.

THE GREY HOUSE: Plot and Title Map

THE GREY HOUSE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of THE GREY 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 THE GREY 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 THE GREY HOUSE?

THE GREY HOUSE is located on LODGE HILL CLOSE in LOWER BOURNE, in the GU10 postcode district. The below map shows the position of THE GREY HOUSE on LODGE HILL CLOSE.