55, PROSPECT AVENUE, FARNBOROUGH, GU14 8JT - £670,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

55 PROSPECT AVENUE is a very large extended detached house of 168m², built sometime between 1950 and 1966, which could now be worth an estimated £777,615. It was last sold for £670,000 in September 2016, which was around 34% above the average September 2016 detached price in the Rushmoor local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was D.

55 PROSPECT AVENUE Sold Prices

Land registry data shows three sales for 55 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. All of the three 55 PROSPECT AVENUE sales were 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
2016 5 SEP	£670,000	£499,350	34% above HPI
2009 23 OCT	£460,000	£316,042	46% above HPI
2004 7 JUL	£412,000	£293,645	40% above HPI

55 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 55 PROSPECT AVENUE sales between July 2004 and September 2016 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 October 2009 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the September 2016 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 55 PROSPECT AVENUE be worth now?

55 PROSPECT AVENUE might now be worth an estimated £777,615.

This is based on house price inflation of 16.1%, between September 2016 and February 2025, 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 16.1% inflationary increase is applied to the most recent sale price for 55 PROSPECT AVENUE of £670,000 on 5th September 2016. For the value to have increased from £670,000 to £777,615 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 55 PROSPECT AVENUE has moved in line with the HPI for detached houses in the Rushmoor local authority area.
• The September 2016 sale price of £670,000 represented a fair market value for the property.
• The size, condition, and specification of 55 PROSPECT AVENUE has not materially changed since September 2016.

How Large is 55 PROSPECT AVENUE?

55 PROSPECT AVENUE is 168m², which includes two extensions, according to the EPC inspection conducted in May 2009. This puts it in the largest 20% 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 55 PROSPECT AVENUE lies on this distribution: 89% of detached houses houses are smaller than 55 PROSPECT AVENUE, and 11% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

55 PROSPECT AVENUE: Plot and Title Map

55 PROSPECT AVENUE sits on a plot of roughly 0.180 of an acre, or 729m². The below map shows the location of 55 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 55 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 55 PROSPECT AVENUE?

55 PROSPECT AVENUE is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 55 on PROSPECT AVENUE.