31, RICHMOND CLOSE, FARNBOROUGH, GU14 0RH - £325,000

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

31 RICHMOND CLOSE is a very small detached house of 65m², built sometime between 1996 and 2002. It was last sold for £325,000 in August 2021, which was around 41% below the average August 2021 detached price in the Rushmoor local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

31 RICHMOND CLOSE Sold Prices

Land registry data shows two sales for 31 RICHMOND CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. Both of the two 31 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
2021 6 AUG	£325,000	£549,026	41% below HPI
1998 30 JAN	£107,995	£141,927	24% below HPI

31 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 two 31 RICHMOND CLOSE sales from January 1998 and August 2021 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 January 1998 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2021 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 31 RICHMOND CLOSE?

31 RICHMOND CLOSE is 65m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of detached houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 31 RICHMOND CLOSE lies on this distribution: 2% of detached houses are smaller than 31 RICHMOND CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

31 RICHMOND CLOSE: Plot and Title Map

31 RICHMOND CLOSE sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 31 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 31 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 31 RICHMOND CLOSE?

31 RICHMOND CLOSE is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 31 on RICHMOND CLOSE.