1, PARK ROAD, FARNBOROUGH, GU14 6JG - £350,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

1 PARK ROAD is a large extended detached house of 127m², built sometime between 1930 and 1949. It was last sold for £350,000 in August 2018, which was around 33% below the average August 2018 detached price in the Rushmoor local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

1 PARK ROAD Sold Prices

Land registry data shows four sales for 1 PARK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. All of the four 1 PARK ROAD 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
2018 31 AUG	£350,000	£523,935	33% below HPI
2002 30 OCT	£203,000	£279,166	27% below HPI
2001 26 OCT	£169,000	£236,941	29% below HPI
1997 30 SEP	£95,000	£135,841	30% below HPI

1 PARK ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushmoor local authority area over time, sourced from the HPI. The four 1 PARK ROAD sales between September 1997 and August 2018 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 October 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2018 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 1 PARK ROAD?

1 PARK ROAD is 127m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 40% of detached houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 1 PARK ROAD lies on this distribution: 63% of detached houses are smaller than 1 PARK ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

1 PARK ROAD: Plot and Title Map

1 PARK ROAD sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 1 PARK ROAD, 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 1 PARK ROAD). 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 1 PARK ROAD?

1 PARK ROAD is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 1 on PARK ROAD.