3, ELDERGROVE, FARNBOROUGH, GU14 6LY - £570,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 ELDERGROVE is a midsized detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £558,283. It was last sold for £570,000 in July 2022, which was around 4% below the average July 2022 detached price in the Rushmoor local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

3 ELDERGROVE Sold Prices

Land registry data shows four sales for 3 ELDERGROVE since 1^st 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. two of the four 3 ELDERGROVE sales were for below the average price, and four were for above 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 6 JUL	£570,000	£591,718	4% below HPI
2000 3 AUG	£202,000	£206,415	2% below HPI
1997 21 AUG	£145,000	£132,630	9% above HPI
1996 29 AUG	£129,950	£111,736	16% above HPI

3 ELDERGROVE 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 four 3 ELDERGROVE sales between August 1996 and July 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 August 2000 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2022 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 3 ELDERGROVE be worth now?

3 ELDERGROVE might now be worth an estimated £558,283.

This is based on house price deflation of 2.1%, between July 2022 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 2.1% deflationary decrease is applied to the most recent sale price for 3 ELDERGROVE of £570,000 on 6th July 2022. For the value to have decreased from £570,000 to £558,283 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 3 ELDERGROVE has moved in line with the HPI for detached houses in the Rushmoor local authority area.
• The July 2022 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ELDERGROVE has not materially changed since July 2022.

How Large is 3 ELDERGROVE?

3 ELDERGROVE is 116m² according to the EPC inspection conducted in March 2022. This puts it in the largest 50% 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 3 ELDERGROVE lies on this distribution: 50% of detached houses houses are smaller than 3 ELDERGROVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

3 ELDERGROVE: Plot and Title Map

3 ELDERGROVE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 3 ELDERGROVE, 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 3 ELDERGROVE). 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 3 ELDERGROVE?

3 ELDERGROVE is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 3 on ELDERGROVE.