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
29 SOMERSET ROAD is a small extended detached house of 96m², built sometime between 1900 and 1929. It was last sold for £460,000 in January 2022, which was around 20% below the average January 2022 detached price in the Rushmoor local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 29 SOMERSET ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. All of the four 29 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 |
---|---|---|---|
2022 10 JAN | £460,000 | £574,481 | 20% below HPI |
2015 24 FEB | £332,000 | £419,864 | 21% below HPI |
2010 10 AUG | £250,000 | £342,095 | 27% below HPI |
1997 27 FEB | £79,950 | £118,747 | 33% below HPI |
The below graph shows the average detached house price in the Rushmoor local authority area over time, sourced from the HPI. The four 29 SOMERSET ROAD sales between February 1997 and January 2022 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 February 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
29 SOMERSET ROAD is 96m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of detached houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 29 SOMERSET ROAD lies on this distribution: 27% of detached houses are smaller than 29 SOMERSET ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Farnborough.
29 SOMERSET ROAD sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 29 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 29 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.
29 SOMERSET ROAD is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 29 on SOMERSET ROAD.