2, MELROSE CLOSE, FARNHAM, GU9 7GU - £856,060

2 MELROSE CLOSE is a small detached house of 129m². It was last sold for £856,060 in November 2022, which was around 10% below the average November 2022 detached price in the Waverley local authority area. The most recent EPC inspection was June 2020, where the current energy rating was B, and the potential energy rating was A.

2 MELROSE CLOSE Sold Prices

Land registry data shows two sales for 2 MELROSE 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 Waverley local authority area for the corresponding sale date. Both of the two 2 MELROSE 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
2022 17 NOV	£856,060	£949,073	10% below HPI
2020 11 SEP	£660,000	£787,093	16% below HPI

2 MELROSE CLOSE 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 2 MELROSE CLOSE sales from September 2020 and November 2022 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 September 2020 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 2 MELROSE CLOSE?

2 MELROSE CLOSE is 129m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of detached houses in Farnham, based on EPC data. The below chart shows the distribution of detached houses by size in Farnham, and where 2 MELROSE CLOSE lies on this distribution: 33% of detached houses are smaller than 2 MELROSE CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Farnham.

2 MELROSE CLOSE: Plot and Title Map

2 MELROSE CLOSE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 2 MELROSE 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 2 MELROSE 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 2 MELROSE CLOSE?

2 MELROSE CLOSE is located in FARNHAM, in the GU9 postcode district. The below map shows the position of No. 2 on MELROSE CLOSE.