3, PARK ROAD, FARNBOROUGH, GU14 6JG - £261,000

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

3 PARK ROAD is a small extended detached house of 97m², built sometime between 1930 and 1949. It was last sold for £261,000 in November 2011, which was around 23% below the average November 2011 detached price in the Rushmoor local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

3 PARK ROAD Sold Prices

Land registry data shows three sales for 3 PARK ROAD 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 3 PARK 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 21 NOV	£261,000	£339,138	23% below HPI
2003 28 APR	£218,500	£289,562	25% below HPI
2001 8 JUN	£170,000	£219,198	22% below HPI

3 PARK 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 three 3 PARK ROAD sales between June 2001 and November 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 April 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2011 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 PARK ROAD?

3 PARK ROAD is 97m², which includes one extension, according to the EPC inspection conducted in February 2022. 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 3 PARK ROAD lies on this distribution: 29% of detached houses are smaller than 3 PARK ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

3 PARK ROAD: Plot and Title Map

3 PARK ROAD sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 3 PARK 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 3 PARK 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 3 PARK ROAD?

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