11, VELMEAD ROAD, FLEET, GU52 7JY - £375,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 VELMEAD ROAD is a midsized detached house of 126m², built sometime between 1967 and 1975. It was last sold for £375,000 in August 2013, which was around 18% below the average August 2013 detached price in the Hart local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

11 VELMEAD ROAD Sold Prices

Land registry data shows three sales for 11 VELMEAD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hart local authority area for the corresponding sale date. All of the three 11 VELMEAD 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
2013 21 AUG	£375,000	£456,110	18% below HPI
2000 1 DEC	£185,000	£265,425	30% below HPI
1997 22 AUG	£136,000	£173,569	22% below HPI

11 VELMEAD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hart local authority area over time, sourced from the HPI. The three 11 VELMEAD ROAD sales between August 1997 and August 2013 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 December 2000 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2013 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 11 VELMEAD ROAD?

11 VELMEAD ROAD is 126m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 50% of detached houses in Fleet, based on EPC data. The below chart shows the distribution of detached houses by size in Fleet, and where 11 VELMEAD ROAD lies on this distribution: 44% of detached houses are smaller than 11 VELMEAD ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Fleet.

11 VELMEAD ROAD: Plot and Title Map

11 VELMEAD ROAD sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 11 VELMEAD 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 11 VELMEAD 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 11 VELMEAD ROAD?

11 VELMEAD ROAD is located in FLEET, in the GU52 postcode district. The below map shows the position of No. 11 on VELMEAD ROAD.