33, RICHMOND CLOSE, FARNBOROUGH, GU14 0RH - £356,000

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

33 RICHMOND CLOSE is a very small detached house of 79m², built sometime between 1996 and 2002, which could now be worth an estimated £388,920. It was last sold for £356,000 in May 2021, which was around 32% below the average May 2021 detached price in the Rushmoor local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

33 RICHMOND CLOSE Sold Prices

Land registry data shows four sales for 33 RICHMOND CLOSE 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. All of the four 33 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 20 MAY	£356,000	£519,958	32% below HPI
2007 13 SEP	£270,000	£348,202	22% below HPI
2001 6 APR	£169,950	£213,125	20% below HPI
1997 17 DEC	£129,995	£139,121	7% below HPI

33 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 four 33 RICHMOND CLOSE sales between December 1997 and May 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 September 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 33 RICHMOND CLOSE be worth now?

33 RICHMOND CLOSE might now be worth an estimated £388,920.

This is based on house price inflation of 9.2%, between May 2021 and December 2024, 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 9.2% inflationary increase is applied to the most recent sale price for 33 RICHMOND CLOSE of £356,000 on 20th May 2021. For the value to have increased from £356,000 to £388,920 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of 33 RICHMOND CLOSE has moved in line with the HPI for detached houses in the Rushmoor local authority area.
• The May 2021 sale price of £356,000 represented a fair market value for the property.
• The size, condition, and specification of 33 RICHMOND CLOSE has not materially changed since May 2021.

How Large is 33 RICHMOND CLOSE?

33 RICHMOND CLOSE is 79m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% 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 33 RICHMOND CLOSE lies on this distribution: 8% of detached houses houses are smaller than 33 RICHMOND CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

33 RICHMOND CLOSE: Plot and Title Map

33 RICHMOND CLOSE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 33 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 33 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 33 RICHMOND CLOSE?

33 RICHMOND CLOSE is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 33 on RICHMOND CLOSE.