108, READING ROAD, FARNBOROUGH, GU14 6NP - £302,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

108 READING ROAD is a very small detached house of 58m², built sometime between 1976 and 1982. It was last sold for £302,000 in June 2016, which was around 39% below the average June 2016 detached price in the Rushmoor local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was C.

108 READING ROAD Sold Prices

Land registry data shows two sales for 108 READING ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. Both of the two 108 READING 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
2016 20 JUN	£302,000	£498,918	39% below HPI
2009 18 SEP	£190,000	£318,097	40% below HPI

108 READING 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 two 108 READING ROAD sales from September 2009 and June 2016 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 September 2009 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2016 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 108 READING ROAD?

108 READING ROAD is 58m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 10% of detached houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 108 READING ROAD lies on this distribution: 1% of detached houses are smaller than 108 READING ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

108 READING ROAD: Plot and Title Map

108 READING ROAD sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 108 READING 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 108 READING 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 108 READING ROAD?

108 READING ROAD is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 108 on READING ROAD.