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
5 GRASMERE ROAD is a midsized extended detached house of 119m², built sometime between 1983 and 1990. It was last sold for £440,000 in December 2014, which was around 8% above the average December 2014 detached price in the Rushmoor local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 5 GRASMERE ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. One of the three 5 GRASMERE ROAD sales was for above the average price, whilst two 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 |
---|---|---|---|
2014 19 DEC | £440,000 | £408,609 | 8% above HPI |
2001 23 NOV | £192,000 | £241,222 | 20% below HPI |
1998 2 MAR | £120,500 | £145,015 | 17% below HPI |
The below graph shows the average detached house price in the Rushmoor local authority area over time, sourced from the HPI. The three 5 GRASMERE ROAD sales between March 1998 and December 2014 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 November 2001 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2014 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.
5 GRASMERE ROAD is 119m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 50% of detached houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 5 GRASMERE ROAD lies on this distribution: 54% of detached houses are smaller than 5 GRASMERE ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Farnborough.
5 GRASMERE ROAD sits on a plot of roughly 0.112 of an acre, or 451m². The below map shows the location of 5 GRASMERE 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 5 GRASMERE 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.
5 GRASMERE ROAD is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 5 on GRASMERE ROAD.