3, HIGHLANDS CLOSE, FARNHAM, GU9 8SP - £1,225,000

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.

3 HIGHLANDS CLOSE is a very large extended detached house of 238m², built sometime between 1950 and 1966, which could now be worth an estimated £1,470,255. It was last sold for £1,225,000 in July 2017, which was around 59% above the average July 2017 detached price in the Waverley local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

3 HIGHLANDS CLOSE Sold Prices

Land registry data shows two sales for 3 HIGHLANDS 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 3 HIGHLANDS 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 19 JUL	£1,225,000	£770,504	59% above HPI
2010 4 AUG	£950,000	£557,915	70% above HPI

3 HIGHLANDS 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 3 HIGHLANDS CLOSE sales from August 2010 and July 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 2010 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the July 2017 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might 3 HIGHLANDS CLOSE be worth now?

3 HIGHLANDS CLOSE might now be worth an estimated £1,470,255.

This is based on house price inflation of 20%, between July 2017 and March 2025, for detached houses, in the Waverley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20% inflationary increase is applied to the most recent sale price for 3 HIGHLANDS CLOSE of £1,225,000 on 19th July 2017. For the value to have increased from £1,225,000 to £1,470,255 over the eight years and four months to March 2025, the following assumptions must hold true:

• The value of 3 HIGHLANDS CLOSE has moved in line with the HPI for detached houses in the Waverley local authority area.
• The July 2017 sale price of £1,225,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HIGHLANDS CLOSE has not materially changed since July 2017.

How Large is 3 HIGHLANDS CLOSE?

3 HIGHLANDS CLOSE is 238m², which includes four extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 20% of detached houses houses in Farnham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farnham, and where 3 HIGHLANDS CLOSE lies on this distribution: 84% of detached houses houses are smaller than 3 HIGHLANDS CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Farnham.

3 HIGHLANDS CLOSE: Plot and Title Map

3 HIGHLANDS CLOSE sits on a plot of roughly 0.454 of an acre, or 1,838m². The below map shows the location of 3 HIGHLANDS 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 3 HIGHLANDS 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 3 HIGHLANDS CLOSE?

3 HIGHLANDS CLOSE is located in FARNHAM, in the GU9 postcode district. The below map shows the position of No. 3 on HIGHLANDS CLOSE.