62, PROSPECT AVENUE, FARNBOROUGH, GU14 8JU - £540,000

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

62 PROSPECT AVENUE is a very small detached house of 40m², built sometime between 1996 and 2002. It was last sold for £540,000 in November 2016, which was around 6% above the average November 2016 detached price in the Rushmoor local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

62 PROSPECT AVENUE Sold Prices

Land registry data shows three sales for 62 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 62 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 4 NOV	£540,000	£510,204	6% above HPI
2013 8 MAR	£360,000	£354,246	2% above HPI
1999 17 DEC	£245,000	£185,233	32% above HPI

62 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 62 PROSPECT AVENUE sales between December 1999 and November 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 March 2013 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2016 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 62 PROSPECT AVENUE?

62 PROSPECT AVENUE is 40m² according to the EPC inspection conducted in May 2016. 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 62 PROSPECT AVENUE lies on this distribution: Less than 1% of detached houses are smaller than 62 PROSPECT AVENUE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

62 PROSPECT AVENUE: Plot and Title Map

62 PROSPECT AVENUE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 62 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 62 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 62 PROSPECT AVENUE?

62 PROSPECT AVENUE is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 62 on PROSPECT AVENUE.