27, VELMEAD ROAD, FLEET, GU52 7LJ - £405,000

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

27 VELMEAD ROAD is a midsized extended detached house of 131m², built sometime between 1976 and 1982. It was last sold for £405,000 in July 2011, which was around 9% below the average July 2011 detached price in the Hart local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

27 VELMEAD ROAD Sold Prices

Land registry data shows four sales for 27 VELMEAD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hart local authority area for the corresponding sale date. Most of the four 27 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
2011 22 JUL	£405,000	£447,166	9% below HPI
2008 18 JUL	£330,000	£441,887	25% below HPI
1999 16 JUL	£194,000	£204,557	5% below HPI
1998 23 NOV	£225,000	£201,370	12% above HPI

27 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 four 27 VELMEAD ROAD sales between November 1998 and July 2011 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 July 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2011 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 27 VELMEAD ROAD?

27 VELMEAD ROAD is 131m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the smallest 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 27 VELMEAD ROAD lies on this distribution: 49% of detached houses are smaller than 27 VELMEAD ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Fleet.

27 VELMEAD ROAD: Plot and Title Map

27 VELMEAD ROAD sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 27 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 27 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 27 VELMEAD ROAD?

27 VELMEAD ROAD is located in FLEET, in the GU52 postcode district. The below map shows the position of No. 27 on VELMEAD ROAD.