WELMAN GORSE, THE LONG ROAD, ROWLEDGE, FARNHAM, GU10 4EB - £810,000

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.

WELMAN GORSE is a small extended detached house of 117m², built sometime between 1900 and 1929, which could now be worth an estimated £1,402,322. It was last sold for £810,000 in August 2011, which was around 48% above the average August 2011 detached price in the Waverley local authority area. The most recent EPC inspection was July 2010, where the current energy rating was F, and the potential energy rating was E.

WELMAN GORSE Sold Prices

Land registry data shows two sales for WELMAN GORSE 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 WELMAN GORSE 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
2011 10 AUG	£810,000	£547,890	48% above HPI
2001 16 MAR	£392,500	£321,360	22% above HPI

WELMAN GORSE 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 WELMAN GORSE sales from March 2001 and August 2011 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 March 2001 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2011 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might WELMAN GORSE be worth now?

WELMAN GORSE might now be worth an estimated £1,402,322.

This is based on house price inflation of 73.1%, between August 2011 and May 2026, 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 73.1% inflationary increase is applied to the most recent sale price for WELMAN GORSE of £810,000 on 10th August 2011. For the value to have increased from £810,000 to £1,402,322 over the fifteen years and three months to May 2026, the following assumptions must hold true:

• The value of WELMAN GORSE has moved in line with the HPI for detached houses in the Waverley local authority area.
• The August 2011 sale price of £810,000 represented a fair market value for the property.
• The size, condition, and specification of WELMAN GORSE has not materially changed since August 2011.

How Large is WELMAN GORSE?

WELMAN GORSE is 117m², which includes two extensions, according to the EPC inspection conducted in July 2010. This puts it in the smallest 30% of detached houses in Rowledge, based on EPC data. The below chart shows the distribution of detached houses by size in Rowledge, and where WELMAN GORSE lies on this distribution: 21% of detached houses are smaller than WELMAN GORSE, and 79% of detached houses are larger. Note that EPC data is not available for all properties in Rowledge.