1, MEON CLOSE, FARNBOROUGH, GU14 9PD - £209,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 MEON CLOSE is a large extended detached house of 126m², built sometime between 1976 and 1982, which could now be worth an estimated £402,975. It was last sold for £209,950 in August 2009, which was around 32% below the average August 2009 detached price in the Rushmoor local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

1 MEON CLOSE Sold Prices

Land registry data shows two sales for 1 MEON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. Both of the two 1 MEON CLOSE 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
2009 11 AUG	£209,950	£307,193	32% below HPI
2006 11 DEC	£217,500	£318,616	32% below HPI

1 MEON CLOSE 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 two 1 MEON CLOSE sales from December 2006 and August 2009 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 December 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2009 sale, which was also at 32% below the HPI.

What might 1 MEON CLOSE be worth now?

1 MEON CLOSE might now be worth an estimated £402,975.

This is based on house price inflation of 91.9%, between August 2009 and March 2025, for detached houses, in the Rushmoor local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 91.9% inflationary increase is applied to the most recent sale price for 1 MEON CLOSE of £209,950 on 11th August 2009. For the value to have increased from £209,950 to £402,975 over the sixteen years and five months to March 2025, the following assumptions must hold true:

• The value of 1 MEON CLOSE has moved in line with the HPI for detached houses in the Rushmoor local authority area.
• The August 2009 sale price of £209,950 represented a fair market value for the property.
• The size, condition, and specification of 1 MEON CLOSE has not materially changed since August 2009.

How Large is 1 MEON CLOSE?

1 MEON CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the largest 40% of detached houses houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farnborough, and where 1 MEON CLOSE lies on this distribution: 61% of detached houses houses are smaller than 1 MEON CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

1 MEON CLOSE: Plot and Title Map

1 MEON CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 1 MEON CLOSE, 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 1 MEON CLOSE). 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 1 MEON CLOSE?

1 MEON CLOSE is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 1 on MEON CLOSE.