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

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.

1 PARK ROAD is a large extended detached house of 127m², built sometime between 1930 and 1949, which could now be worth an estimated £392,880. It was last sold for £350,000 in August 2018, which was around 32% 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	£516,301	32% below HPI
2002 30 OCT	£203,000	£275,099	26% below HPI
2001 26 OCT	£169,000	£233,489	28% below HPI
1997 30 SEP	£95,000	£133,862	29% 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2018 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 1 PARK ROAD be worth now?

1 PARK ROAD might now be worth an estimated £392,880.

This is based on house price inflation of 12.3%, between August 2018 and February 2025, for 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 12.3% inflationary increase is applied to the most recent sale price for 1 PARK ROAD of £350,000 on 31st August 2018. For the value to have increased from £350,000 to £392,880 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 1 PARK ROAD has moved in line with the HPI for detached houses in the Rushmoor local authority area.
• The August 2018 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PARK ROAD has not materially changed since August 2018.

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 houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farnborough, and where 1 PARK ROAD lies on this distribution: 62% of detached houses 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.