16, VELMEAD ROAD, FLEET, GU52 7LJ - £810,000

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

16 VELMEAD ROAD is a very large extended detached house of 261m², built sometime between 1967 and 1975. It was last sold for £810,000 in December 2021, which was around 16% above the average December 2021 detached price in the Hart local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was D.

16 VELMEAD ROAD Sold Prices

Land registry data shows three sales for 16 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. Two of the three 16 VELMEAD ROAD sales were for above the average price, whilst one was 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
2021 10 DEC	£810,000	£696,400	16% above HPI
2001 30 APR	£260,295	£278,366	6% below HPI
1996 13 MAY	£164,000	£145,074	13% above HPI

16 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 16 VELMEAD ROAD sales between May 1996 and December 2021 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 2001 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 16 VELMEAD ROAD?

16 VELMEAD ROAD is 261m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 10% of detached houses in Fleet, based on EPC data. The below chart shows the distribution of detached houses by size in Fleet, and where 16 VELMEAD ROAD lies on this distribution: 97% of detached houses are smaller than 16 VELMEAD ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Fleet.

16 VELMEAD ROAD: Plot and Title Map

16 VELMEAD ROAD sits on a plot of roughly 0.161 of an acre, or 652m². The below map shows the location of 16 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 16 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 16 VELMEAD ROAD?

16 VELMEAD ROAD is located in FLEET, in the GU52 postcode district. The below map shows the position of No. 16 on VELMEAD ROAD.