5, CEDARWAYS, FARNHAM, GU9 8SW - £1,010,000

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.

5 CEDARWAYS is a large extended detached house of 174m², built sometime between 1976 and 1982, which could now be worth an estimated £1,141,937. It was last sold for £1,010,000 in June 2021, which was around 24% above the average June 2021 detached price in the Waverley local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.

5 CEDARWAYS Sold Prices

Land registry data shows two sales for 5 CEDARWAYS 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 5 CEDARWAYS 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
2021 2 JUN	£1,010,000	£814,489	24% above HPI
2002 12 APR	£500,000	£360,845	39% above HPI

5 CEDARWAYS 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 5 CEDARWAYS sales from April 2002 and June 2021 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 April 2002 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the June 2021 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 5 CEDARWAYS be worth now?

5 CEDARWAYS might now be worth an estimated £1,141,937.

This is based on house price inflation of 13.1%, between June 2021 and February 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 13.1% inflationary increase is applied to the most recent sale price for 5 CEDARWAYS of £1,010,000 on 2nd June 2021. For the value to have increased from £1,010,000 to £1,141,937 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 5 CEDARWAYS has moved in line with the HPI for detached houses in the Waverley local authority area.
• The June 2021 sale price of £1,010,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CEDARWAYS has not materially changed since June 2021.

How Large is 5 CEDARWAYS?

5 CEDARWAYS is 174m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the largest 40% of detached houses houses in Shortheath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shortheath, and where 5 CEDARWAYS lies on this distribution: 69% of detached houses houses are smaller than 5 CEDARWAYS, and 30% of houses are larger. Note that EPC data is not available for all properties in Shortheath.

5 CEDARWAYS: Plot and Title Map

5 CEDARWAYS sits on a plot of roughly 0.349 of an acre, or 1,414m². The below map shows the location of 5 CEDARWAYS, 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 5 CEDARWAYS). 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 5 CEDARWAYS?

5 CEDARWAYS is located in FARNHAM, in the GU9 postcode district. The below map shows the position of No. 5 on CEDARWAYS.