15, VELMEAD ROAD, FLEET, GU52 7JY - £530,000

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

15 VELMEAD ROAD is a midsized extended detached house of 136m², built sometime between 1967 and 1975. It was last sold for £530,000 in March 2018, which was around 16% below the average March 2018 detached price in the Hart local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

15 VELMEAD ROAD Sold Prices

Land registry data shows three sales for 15 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 15 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
2018 20 MAR	£530,000	£628,568	16% below HPI
2011 15 APR	£342,500	£429,613	20% below HPI
2003 14 JAN	£265,000	£336,955	21% below HPI

15 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 15 VELMEAD ROAD sales between January 2003 and March 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 April 2011 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2018 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 15 VELMEAD ROAD?

15 VELMEAD ROAD is 136m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 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 15 VELMEAD ROAD lies on this distribution: 54% of detached houses are smaller than 15 VELMEAD ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Fleet.

15 VELMEAD ROAD: Plot and Title Map

15 VELMEAD ROAD sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 15 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 15 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 15 VELMEAD ROAD?

15 VELMEAD ROAD is located in FLEET, in the GU52 postcode district. The below map shows the position of No. 15 on VELMEAD ROAD.