24, RICHMOND CLOSE, FARNBOROUGH, GU14 0RH - £374,000

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

24 RICHMOND CLOSE is a very small extended detached house of 88m², built sometime between 1996 and 2002. It was last sold for £374,000 in December 2017, which was around 28% below the average December 2017 detached price in the Rushmoor local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

24 RICHMOND CLOSE Sold Prices

Land registry data shows three sales for 24 RICHMOND CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. All of the three 24 RICHMOND CLOSE 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
2017 6 DEC	£374,000	£517,971	28% below HPI
2011 15 MAR	£250,000	£333,354	25% below HPI
1997 22 DEC	£139,995	£141,178	1% below HPI

24 RICHMOND CLOSE 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 three 24 RICHMOND CLOSE sales between December 1997 and December 2017 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 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2017 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 24 RICHMOND CLOSE?

24 RICHMOND CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of detached houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 24 RICHMOND CLOSE lies on this distribution: 17% of detached houses are smaller than 24 RICHMOND CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

24 RICHMOND CLOSE: Plot and Title Map

24 RICHMOND CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 24 RICHMOND CLOSE, 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 24 RICHMOND CLOSE). 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 24 RICHMOND CLOSE?

24 RICHMOND CLOSE is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 24 on RICHMOND CLOSE.