2, MINLEY CLOSE, FARNBOROUGH, GU14 9RT - £450,000

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.

2 MINLEY CLOSE is a midsized semi-detached house of 110m², built sometime between 1991 and 1995, which could now be worth an estimated £533,442. It was last sold for £450,000 in November 2017, which was around 37% above the average November 2017 semi-detached price in the Rushmoor local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

2 MINLEY CLOSE Sold Prices

Land registry data shows two sales for 2 MINLEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Rushmoor local authority area for the corresponding sale date. Both of the two 2 MINLEY CLOSE sales were for above 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
2017 2 NOV	£450,000	£329,467	37% above HPI
1996 2 AUG	£107,000	£69,096	55% above HPI

2 MINLEY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rushmoor local authority area over time, sourced from the HPI. The two 2 MINLEY CLOSE sales from August 1996 and November 2017 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 August 1996 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the November 2017 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 2 MINLEY CLOSE be worth now?

2 MINLEY CLOSE might now be worth an estimated £533,442.

This is based on house price inflation of 18.5%, between November 2017 and March 2025, for semi-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 18.5% inflationary increase is applied to the most recent sale price for 2 MINLEY CLOSE of £450,000 on 2nd November 2017. For the value to have increased from £450,000 to £533,442 over the eight years and eight months to March 2025, the following assumptions must hold true:

• The value of 2 MINLEY CLOSE has moved in line with the HPI for semi-detached houses in the Rushmoor local authority area.
• The November 2017 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MINLEY CLOSE has not materially changed since November 2017.

How Large is 2 MINLEY CLOSE?

2 MINLEY CLOSE is 110m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 50% of semi-detached houses houses in Farnborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Farnborough, and where 2 MINLEY CLOSE lies on this distribution: 43% of semi-detached houses houses are smaller than 2 MINLEY CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

2 MINLEY CLOSE: Plot and Title Map

2 MINLEY CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 2 MINLEY 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 MINLEY 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 MINLEY CLOSE?

2 MINLEY CLOSE is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 2 on MINLEY CLOSE.