18, THE GROVE, FARNBOROUGH, GU14 6QR - £435,000

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.

18 THE GROVE is a very small extended detached house of 73m², built sometime between 1930 and 1949, which could now be worth an estimated £483,026. It was last sold for £435,000 in February 2021, which was around 17% below the average February 2021 detached price in the Rushmoor local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was C.

18 THE GROVE Sold Prices

Land registry data shows two sales for 18 THE GROVE 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 18 THE GROVE 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
2021 15 FEB	£435,000	£521,931	17% below HPI
1996 4 OCT	£91,950	£115,281	20% below HPI

18 THE GROVE 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 18 THE GROVE sales from October 1996 and February 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 October 1996 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 18 THE GROVE be worth now?

18 THE GROVE might now be worth an estimated £483,026.

This is based on house price inflation of 11%, between February 2021 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 11% inflationary increase is applied to the most recent sale price for 18 THE GROVE of £435,000 on 15th February 2021. For the value to have increased from £435,000 to £483,026 over the four years to February 2025, the following assumptions must hold true:

• The value of 18 THE GROVE has moved in line with the HPI for detached houses in the Rushmoor local authority area.
• The February 2021 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 18 THE GROVE has not materially changed since February 2021.

How Large is 18 THE GROVE?

18 THE GROVE is 73m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% 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 18 THE GROVE lies on this distribution: 5% of detached houses houses are smaller than 18 THE GROVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

18 THE GROVE: Plot and Title Map

18 THE GROVE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 18 THE GROVE, 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 18 THE GROVE). 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 18 THE GROVE?

18 THE GROVE is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 18 on THE GROVE.