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
389 FARNBOROUGH ROAD is a very small extended detached house of 79m², built sometime before 1900. It was last sold for £425,000 in January 2018, which was around 17% below the average January 2018 detached price in the Rushmoor local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 389 FARNBOROUGH ROAD since 1st 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 389 FARNBOROUGH 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 |
---|---|---|---|
2018 10 JAN | £425,000 | £512,042 | 17% below HPI |
2014 3 APR | £353,500 | £378,711 | 7% below HPI |
2003 28 FEB | £229,950 | £284,703 | 19% below HPI |
2002 23 AUG | £200,000 | £263,587 | 24% below HPI |
The below graph shows the average detached house price in the Rushmoor local authority area over time, sourced from the HPI. The four 389 FARNBOROUGH ROAD sales between August 2002 and January 2018 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 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.
389 FARNBOROUGH ROAD is 79m², which includes one extension, according to the EPC inspection conducted in June 2017. 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 389 FARNBOROUGH ROAD lies on this distribution: 8% of detached houses are smaller than 389 FARNBOROUGH ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Farnborough.
389 FARNBOROUGH ROAD sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 389 FARNBOROUGH 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 389 FARNBOROUGH 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.
389 FARNBOROUGH ROAD is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 389 on FARNBOROUGH ROAD.