38, READING ROAD, FARNBOROUGH, GU14 6NB - £512,500

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

38 READING ROAD is a small detached house of 98m², built sometime between 1976 and 1982. It was last sold for £512,500 in June 2022, which was around 14% below the average June 2022 detached price in the Rushmoor local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

38 READING ROAD Sold Prices

Land registry data shows four sales for 38 READING 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 Rushmoor local authority area for the corresponding sale date. Most of the four 38 READING 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
2022 16 JUN	£512,500	£598,333	14% below HPI
2006 14 MAR	£300,000	£293,986	2% above HPI
2002 12 SEP	£208,100	£273,362	24% below HPI
1999 14 JAN	£125,000	£156,005	20% below HPI

38 READING 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 four 38 READING ROAD sales between January 1999 and June 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 March 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 38 READING ROAD?

38 READING ROAD is 98m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 40% of detached houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 38 READING ROAD lies on this distribution: 30% of detached houses are smaller than 38 READING ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

38 READING ROAD: Plot and Title Map

38 READING ROAD sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 38 READING 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 38 READING 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 38 READING ROAD?

38 READING ROAD is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 38 on READING ROAD.