32, VELMEAD ROAD, FLEET, GU52 7LP - £600,000

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

32 VELMEAD ROAD is a very small extended detached house of 103m², built sometime between 1967 and 1975. It was last sold for £600,000 in August 2015, which was around 6% above the average August 2015 detached price in the Hart local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

32 VELMEAD ROAD Sold Prices

Land registry data shows four sales for 32 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 32 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
2015 7 AUG	£600,000	£566,371	6% above HPI
2012 21 SEP	£410,000	£472,579	13% below HPI
1999 2 JUL	£189,000	£204,557	8% below HPI
1997 24 OCT	£150,000	£182,820	18% below HPI

32 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 32 VELMEAD ROAD sales between October 1997 and August 2015 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 September 2012 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2015 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 32 VELMEAD ROAD?

32 VELMEAD ROAD is 103m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses in Fleet, based on EPC data. The below chart shows the distribution of detached houses by size in Fleet, and where 32 VELMEAD ROAD lies on this distribution: 19% of detached houses are smaller than 32 VELMEAD ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Fleet.

32 VELMEAD ROAD: Plot and Title Map

32 VELMEAD ROAD sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 32 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 32 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 32 VELMEAD ROAD?

32 VELMEAD ROAD is located in FLEET, in the GU52 postcode district. The below map shows the position of No. 32 on VELMEAD ROAD.