51, PROSPECT AVENUE, FARNBOROUGH, GU14 8JT - £510,000

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

51 PROSPECT AVENUE is a very small detached house of 90m², built sometime between 1950 and 1966. It was last sold for £510,000 in January 2021, which was around 5% below the average January 2021 detached price in the Rushmoor local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

51 PROSPECT AVENUE Sold Prices

Land registry data shows three sales for 51 PROSPECT AVENUE since 1^st 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. Two of the three 51 PROSPECT AVENUE sales were for below the average price, whilst one was for above 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 8 JAN	£510,000	£536,219	5% below HPI
2016 4 NOV	£480,000	£510,204	6% below HPI
2013 6 DEC	£372,500	£357,248	4% above HPI

51 PROSPECT AVENUE 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 three 51 PROSPECT AVENUE sales between December 2013 and January 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 November 2016 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 51 PROSPECT AVENUE?

51 PROSPECT AVENUE is 90m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of detached houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 51 PROSPECT AVENUE lies on this distribution: 20% of detached houses are smaller than 51 PROSPECT AVENUE, and 79% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

51 PROSPECT AVENUE: Plot and Title Map

51 PROSPECT AVENUE sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of 51 PROSPECT AVENUE, 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 51 PROSPECT AVENUE). 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 51 PROSPECT AVENUE?

51 PROSPECT AVENUE is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 51 on PROSPECT AVENUE.