2, SOMERSET ROAD, FARNBOROUGH, GU14 6DP - £325,000

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

2 SOMERSET ROAD is a very small extended detached house of 75m², built sometime between 1900 and 1929. It was last sold for £325,000 in July 2016, which was around 36% below the average July 2016 detached price in the Rushmoor local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

2 SOMERSET ROAD Sold Prices

Land registry data shows two sales for 2 SOMERSET 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 2 SOMERSET 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 7 JUL	£325,000	£505,766	36% below HPI
1999 19 MAR	£81,000	£158,204	49% below HPI

2 SOMERSET 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 2 SOMERSET ROAD sales from March 1999 and July 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 March 1999 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the July 2016 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 2 SOMERSET ROAD?

2 SOMERSET ROAD is 75m², which includes one extension, according to the EPC inspection conducted in March 2015. 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 2 SOMERSET ROAD lies on this distribution: 5% of detached houses are smaller than 2 SOMERSET ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

2 SOMERSET ROAD: Plot and Title Map

2 SOMERSET ROAD sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 2 SOMERSET 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 2 SOMERSET 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 2 SOMERSET ROAD?

2 SOMERSET ROAD is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 2 on SOMERSET ROAD.